Juan, who is the group's representative, says that they chose the name "Zarzamora" for the group due to the fact that the area where he lived and spent his childhood has a lot of Zarzamora, a fruit typical to this region. In the area, the fruit is known as "Ro Gu" in the mother tongue.
Juan is 38 years old, and has been married to Veronica for 19 years. They have a family of five children, of whom four as still in school. Juan earns a living by fattening and selling sheep. He has been doing this for 8 years, and he says that his sheep reproduce quickly, and they sell fast. He buys them when they are small in order to raise and fatten them, typically for a period of 6 months. He sells them to people who sell the barbecued meat. He hasn't encountered any difficulties. He works during the year to grow corn and oats to ensure that his sheep have food. If they get sick, he takes them immediately to the vet for treatment.
Juan says, "I like this job very much since while I work and earn a living, my wife takes care of the sheep so that when they are fully grown, we can sell them and earn more income to improve our family's quality of life."
Juan, María Julia, Hilaria, and Rosalinda are very happy and grateful to VisionFund and KIVA, as due to the loan then can buy more sheep.
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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