"Guapas" [Good Looking Women] is a solidarity group that through 6 loan cycles has been very punctual in their payments. Guadalupe, one of its members, is a 40-year-old woman who has 3 children, ages 25, 12, and 3. She sells tamales by the dozen and also fills special orders. Guadelupe has done this for nearly a year now and her older daughter helps her with deliverys.
With this loan, she will purchase the necessary ingredients for preparing tamales, including corn husks for wrapping, corn meal, stew, etc.
Guadelupe's dream is to establish her own stall and to expand in order to have more customers.
Guapas es un grupo solidario muy puntual con sus pagos, tienen 6 ciclos con su crédito. Guadalupe es una se sus integrantes, es una mujer de 40 años, tiene 3 hijos de 25, 12 y 3 años. Se dedica a la venta de tamales por docena y pedidos especiales, tiene cerca de 1 año vendiendo y su hija mayor le ayuda a entregarlos, con el crédito compraran los artículos necesarios para su preparación, como hojas de tamal, masa, guisos, etc. Su sueño es poner un local y ampliarse para tener más clientes.
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.