Familia Unida Group
Most of the group members plan to use this loan to buy more merchandise to sell. Most of the women have many years of experience working in their respective fields; all but three have more than five years of experience.
*Note: Loans that appear on Kiva have actually already been disbursed (so that clients don't have to sit and wait for their loan to be funded on Kiva); Kiva's partner MFIs are reimbursed at the end of each month, after the loans are funded on Kiva. This is why Familia Unida has already received their loan.
Translated and elaborated by Cynthia McMurry, Kiva fellow
El Banco Comunal Familia Unida esta compuesto por personas que se dedican a la atenciÃ³n D. FerreterÃas, tambiÃ©n a la comercializaciÃ³n D. refrescos, ropas que elaboran y las comercializan, uno D. los dos varones que participan en la asociaciÃ³n es albaÃ±il, el otro hace spots, y jingles para medios D. comunicaciÃ³n. Y la presidenta la Sra. Maritzabel T. tambiÃ©n tiene vÃnculos con los medios D. comunicaciÃ³n. Durante el desembolso la presidenta arengo a sus asociados para tengan el cuidado necesario, y la responsabilidad para trabajar en este ciclo que empieza y tambiÃ©n hacia la instituciÃ³n, este sentir fue acogido y tambiÃ©n respaldado por los miembros D. la asociaciÃ³n y se comprometieron a trabajar y que en un segundo ciclo tambiÃ©n puedan seguir participando D. la misma manera D. cÃ³mo se esta empezando.
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