For more than four years 14 people have made up the group “Ollita de Barro.” They work in the focal center German Buch which belongs to Pro-Mujer. They are convinced that they can improve their quality of life and work with much effort to reach their dreams. One of the most common business in this group is the sale of fruit for which they travel to Alto Beni and Caranavi (locations in La Paz) where they acquire a variety of seasonal fruit. They need this loan to purchase fruit in larger quantities in order to generate greater income that will allow them to strengthen their businesses and provide for the wellbeing of their children.
Hace mas de cuatro años 14 personas conforman la asociación “Ollita de Barro” que trabajan en el centro focal de Germán Buch que pertenece a Pro-Mujer, convencidas de que pueden mejorar su calidad de vida, trabajan con mucho empeño para alcanzar sus sueños. Una de las actividades mas comunes dentro la asociación es la venta de fruta, para esto realizan viajes a Alto Beni y caranavi (localidades de La Paz) donde adquieren variedad de fruta de acuerdo a la temporada, Necesitan créditos para comprar frutas en mayores cantidades, de esta manera poder generar mayores ingresos que les permita fortalecer sus negocios y ofrecer bienestar a sus hijos.
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.