Las Flores 2 Group
Luci, who is the group's representative, is 20 years old and has lived with Marco Antonio in a common law marriage for the past four years. Together they have formed a family with one child who does not yet attend school. Luci is requesting the loan to be able to purchase two young lambs that she will raise so that they can reproduce and someday she will have enough and can sell them when she encounters financial problems. She began raising sheep five years ago and had two sheep, but she had to sell them. For this reason, she wants to have sheep again. Luci comments "I really enjoy this activity. The only difficulty is that at this moment, I don't have a stable to accomodate them." Luci believes that if the sheep don't have a good stable, they may get sick more easily because it is cold in the mornings. However, this hasn't hindered her from continuing to raise her sheep so that some day, she will have many sheep, both large and small. This will help Luci's family to live without financial worries. Like Luci, the rest of the group members are also happy to receive the loan that Vision Fund and KIVA have granted them. Doña Gregoria will invest in traditional clothing. Luisa and Veronica will invest in a grocery store. Rosario will invest in raising chickens. Ma Rosario will invest in clothing. Doña Juana will invest in sweets and Mariana will invest in chickens.
ntos es que no cuento con un lugar estable para acomodarlos" Luci cree que si los borregos no tienen un buen establo pueden enfermarse con mayor facilidad por lo frios qe hace todas las mañanas aunque esta situacion no la impide a seguir con la crianza de sus borregos asi algun dia llegar a tener tantos borregos entre grandes y chicos esto ayudara para que la Familia de Luci viva sin preocupaciones economicas. Asi como Luci tambien el resto de las integrantes estan muy contentas porque van a poder recibir un credito que Vision Fund y KIVa les han otorgado Doña Gregoria invertira en sus trajes tipicos, Luisa y Veronica invertiran en su tienda de abarrotes, Rosario invertira en su estetica y crianza de pollos, Ma Rosario invertira en ropa, Doña Juana invertira en dulces y Mariana invertira en pollos.
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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Success!! The loan was 100% repaid