Señor De Bombori Group
Translated from Spanish by Liz Harvey, Kiva Volunteer
Este banco comunal esta ubicado en el barrio El Abra, barrio pobre y marginal. La presidenta es la señora Goslera H.. El negocio que tiene es la venta D. cigarros artesanales, esta actividad lo hace diez años. Por otra parte Jacqueline venD. ropa, Isidoro es costurera, Melany venD. productos D. belleza, Sonia venD. hamburguesas, R. quema Cd´s, Luis es taxista, Omar ofrece sus servicios expresos, Shirley venD. cigarros, Silvia venD. también hamburguesas, Selma tiene una tienda D. barrio, Felipa venD. frutas, Bertha venD. joyas D. fantasía.
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