Alonzo De Mendoza Group
This loan will benefit small entrepreneurs such as Sra. Candelaria. She says that she joined Pro Mujer two years ago after receiving an invitation from a friend who is a member of the organization. Candelaria currently has a business of selling fruit. She gained knowledge about this trade after she established this business on her own seven years ago.
The loan she is receiving now will be used to increase her capital for buying fruit, which she acquires from the wholesale vendors in the city of La Paz. She then sells these products from her retail space. Working in this manner enables her to generate income to sustain her family. Candelaria is married and has three children.
When asked she likes about Pro Mujer, Candelaria said that she enjoys the loans, the savings, the training classes, and the health services.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Candelaria es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por la invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio venta de fruta; da a conocer que este negocio lo emprendió por iniciativa propia hace siete años atrás.
El crédito que ahora sacará es para el aumento de capital (compra de fruta) que adquirirá de las vendedoras mayoristas de la ciudad de La Paz y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener a su familia ya que ella es casada y tiene tres hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito, ahorro, las capacitaciones y el área de salud.
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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