“Amazonas” (Amazons) is a new group consisting of 14 women who consider themselves to be warriors in their everyday lives. Beatriz is one of the young members. She’s in a common law relationship and has an 8-year-old son who attends school. She works applying acrylic nails and false eyelashes and also sells new and semi-new clothes and the loan will help her buy more clothes so she can earn more profits. Beatriz hopes someday to become a professional stylist and to own a beauty salon and a new clothes store.
Amazonas es un grupo solidario nuevo, esta compuesto por 14 mujeres, se consideran unas guerreras en la vida diaria. Beatriz es una de las integrantes mas jóvenes, vive en unión libre y tiene 1 hijo de 8 años y que cursa la escuela. Ella se dedica a aplicar uñas de acrílico y pestañas postizas, además vende ropa nueva y seminueva y el crédito la ayudará a comprar mas ropa para sacarle mas ganancias. Beatriz desea algún día llegar a ser una estilista profesional y tener su salón de belleza y un establecimiento de ropa nueva.
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.