Litoral Cautivo Group
The loan that they take will benefit small microbusinesses where Eulogia is a member. She says that it has been two years since she joined Pro Mujer, joining by invitation of a friend that is a member of the institution. Today she has a business of knitting and selling hats. She says that she started this business by observing this product is one of the highest selling products in the international market, and it is for that that with little capital she decided to establish her own knitting workshop.
The loan that she will now take out is for the increase of capital (purchase of wool) that she will acquire in the stores of the department of La Paz and subsequently she will sell it in her retail space. This form of work allows her to generate resources to maintain her family as she lives in common-law marriage with a son.
She asked what she likes about Pro Mujer, she responds that she like the area of health that the institution offers.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Eulogia 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 de tejido y venta de gorros; da a conocer que este negocio lo emprendió por al observar que este producto es uno de los más vendidos en el mercado internacional, es por ello que con un poco capital decide establecer su propio taller de tejido.
El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las tiendas del departamento 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 vive en unión libre y un hijo.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud que le ofrece la institución.
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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