Las Muñecas are a working group that has been receiving loans for seven cycles. The group is composed of 7 women and one of them is Benita, a responsible 41 year-old woman who is married and has three children. Her eldest is Brenda, who is 20 years old and goes to university. Her middle son is called Brayan. He is 16 years old and goes to college. The youngest one is called Cinthia, she is 15 years old and is in the 3rd year of high school.
Benita is a fast food merchant in street markets and does catalogue sales of clothes and shoes. She also has a beauty salon.
This loan will help her fulfill the orders she had received for shoes and clothes, stock up on beauty products for her salon and buy a barbecue, tortillas and vegetables for her food stall.
Las Muñecas son un grupo trabajador que tiene 7 ciclos con su crédito. Esta integrado por 7 mujeres y una de ellas es Benita, una persona responsable de 41 años de edad, es casada y tiene 3 hijos, la mayor tiene 20 años se llama Brenda y estudia la facultad, el de en medio tiene 16 años, se llama Brayan y estudia la preparatoria y la menor se llama Cinthia, tiene 15 años y cursa 3 año de secundaria. Benita es comerciante de comida rápida en mercados rodantes y vende ropa y zapatos por catalogo, ademas tiene una estética. El crédito la ayudará a pagar pedidos de zapatos y ropa que tenia, además de surtir productos de belleza para su estética y comprar barbacoa, tortillas y verduras para su puesto de comida.
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.
A portion of Las Muñecas Group's $7,800 loan helped a member to buy shoes and clothes for resale, stock up on beauty products for her salon and buy a barbecue, tortillas and vegetables for her food stall.