Bellavista (Cuenca) Group
One of the members of this group is Señora Maria. She is 64 years old. She is a single mother with eight adult children who are married and live independently. She does not have her own house, so she lives in a house that they lend to her so that she can take care of it.
Since she was very young, Doña Maria has done farm work, work that gave her the opportunity to advance and offer her children better opportunities to advance. She raises chickens, guinea pigs, and cattle, from which she sells the milk. She also farms, and what she harvests is for use in her home and also for sale.
Her loan is to buy cattle. Her goal is to continue growing in her animal-raising business.
Una de las socias de este grupo es la Señora. María, tiene 64 años de edad, es madre soltera de 8 hijos mayores de edad que son casados y viven independientes, no tiene casa propia por lo que viven en una casa que le prestaron para que cuide.
Doña María desde muy pequeña se dedica trabajo del campo, trabajo que le dio la oportunidad de salir adelante y brindarles a sus hijos mejores oportunidades para que progresen, ella se dedica a la cría de gallinas, cuyes y ganado del cual vende la leche, también cultiva y lo que cosecha es para el consumo de su casa y para la venta.
Su crédito es para comprar ganado. Su meta es seguir creciendo en la crianza de animales.
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