La Churonita (Cuenca) Group
Blanca is one of the group members. She is taking out her first loan alongside her friends as a member of ‘La Churonita’. She is 37 years old and divorced, however she bore a son from her marriage who is now 16 and is studying at school. She does not have her own home so she lives in her brother’s house.
Blanca began her business only a short while ago, setting up a grocery store where she works from Monday to Saturday to no fixed hours.
Her loan will be invested in purchasing supplies to stock up her store. Her dream is to travel to Paris.
Una de las socias de este grupo es la Señora. Blanca, se encuentra realizando su primer crédito a lado de sus amigas y compañera del grupo de crédito La Churonita. Tiene 37 años, es divorciada pero en su unión conyugal ha concebido un hijo de 16 años que está estudiando en el colegio. No tiene casa propia por lo que vive en casa de un hermano.
Doña Blanca hace poco inicio su propio negocio, puso una tienda de abarrotes en la cual trabaja de lunes a sábados sin un horario fijo.
Su crédito lo va a invertir en la compra de víveres para implementar mas su local.
Su sueño es viajar a Paris.
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