Vicuñitas 5K Group
This loan will help small entrepreneurs like Mrs. Benita. She says this is the first time she is a member of Pro Mujer. She joined invited by one of the institution’s promoters who visited her at home. She currently has a grocery store, something she learned from her neighbors, which were role models for her to open the business.
Mrs. Benita will use the loan to increase her working capital. She will buy a meat cutter and a refrigerator from one of the wholesalers in the city of El Alto. After installing them in her establishment, she will be able to offer a wider variety. This activity helps her to generate enough income to support her family. She lives in a common-law marriage and has four children.
When she is asked what she likes about Pro Mujer, she says that she likes group loans that are accessible through communal banks.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Benita es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de uno de los promotores de la institución que le fue a visitar a su casa. En la actualidad ella tiene un negocio de tienda de abarrotes; cuenta que este negocio lo aprendió de sus vecinas, las que fueron un buen ejemplo para la apertura de este negocio.
El crédito que ahora sacará es para el aumento de capital (compra de máquina para cortar carne y refrigerador) que adquirirá de las distribuidoras de la Ciudad de El Alto y posteriormente lo instalará lo comercializará en su espacio de venta ampliando su oferta de negocio. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella vive en concubinato y tiene cuatro hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito en grupo que se realiza en las bancas comunales.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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