Yanuncay (Cuenca) Group
One of the members of the communal bank “Yanuncay” is Rosenda, who likes the group very much because of the support and integration that exists as they are all good friends and they share great moments at each meeting.
Rosenda is 61 years old, married and through this relationship has four children, all adults, married and independent. Her husband is a cabinetmaker, and works in a carpentry shop that he owns.
Rosenda has been working as a teacher for 38 years, a time that has been very rewarding as she has taught many children. She has seen some of them grow up and become professionals, and this has made her very proud.
She is going to invest the loan to buy wood for her husband’s workshop that he can work on in his free time and will also buy construction supplies for home improvements.
Her dream is that the family business continues to grow.
Una de las socias de este grupo es la Señora. Rosenda, forma parte del grupo de crédito Yanuncay, grupo que le gusta mucho por la unión e integración que existe ya que todos son muy buenas amigas y comparten gratos momentos en cada reunión.
La Señora. Rosenda tiene 61 años, es casada y fruto de su unión ha concebido 4 hijos que son mayores de edad, casados e independientes. Su esposo es de profesión ebanista y labora en un taller de carpintería que es de su propiedad.
Doña Rocenda se dedica a la docencia desde hace 38 años, tiempo en el que ha sido muy gratificante ya que ha enseñado a muchos niños, algunos les ha visto crecer y convertirse en profesionales, siendo eso su mayor orgullos.
Su crédito va a invertir en la compra de madera para el taller de su esposo trabajo que le ayuda en sus tiempos libres y también en materiales de construcción para el mejoramiento de su hogar.
Su sueño es continuar creciendo en el negocio familiar.
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