Las Del Río ( Cuenca) Group
One of this group’s members is María Rosario. She’s been in this group for three years and likes being with her girlfriends while at the same time it’s a quick way of getting capital for her business.
She is 42-years-old, married and has conceived ten children. One of them is married and lives independently, one of her sons is employed and helps her economically, one is attending university, three are in secondary school, three in primary school and her youngest son still stays at home. Her husband works as a day laborer and they own their house.
María Rosario works in agriculture growing vegetables and she has a tomato nursery; she also raises chickens, pigs, guinea pigs and cattle.
She will use her new loan to buy manure, tomato seeds and animal feed. Her goal is to enlarge the nursery.
The small inserted photo is of a member who was unable to be present when the group photo was taken.
Una de las socias de este grupo es la Señora. María Rosario, se encuentra en este grupo desde hace 3 años le gusta esta estar con sus amigas y a la vez es una manera rápida de obtener capital para su negocio.
Ella tiene 42 años, es casada y fruto de su unión ha concebido 10 hijos, uno de ellos es casado y vive independiente, uno de sus hijos trabaja y le ayuda económicamente, uno estudia en la universidad, tres están en el colegio, tres en la escuela y su último hijo aun pasa en casa. Su esposo labora como jornalero, la casa en la que viven es propia.
Doña María Rosario se dedica a la agricultura, siembra hortalizas y tiene un invernadero de tomates, también cría gallinas, cerdos, cuyes y ganado.
Su nuevo crédito lo va a invertir en abono, en semillas de tomate y alimento para sus animales.
Su meta es agrandar más su invernadero.
La foto pequeña es de una socia que no pudo estar presente cuando se tomo la foto del grupo.
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