Linda Flor Group
This loan will benefit the small businesses in Frida's group. Frida herself tells us that she joined "Pro Mujer" five years ago, following an invitation from a friend who was already a member. Frida currently has a business selling sausages and chips. She tells us that she started this business with the little capital that she had, and following a recommendation from her sister who does the same work.
This loan will be used to increase capital by buying potatoes in bulk. Frida will buy the potatoes in the markets of El Alto city, to later sell at her stall. This work allows Frida to earn a living to support her family. Frida is single and has one son.
When asked what it is that she likes about "Pro Mujer", Frida says that she likes the health education and the savings offered by the organisation.
One member of the group is missing from the photo. For personal reasons she did not want to appear in the image but is represented by her mother (who is seen standing).
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Frida es integrante, ella indica que hace cinco 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 venta de salchipapas; da a conocer que este negocio lo inicio con un poco capital que tenía y por recomendación de su hermana quien tiene el mismo negocio.
El crédito que ahora sacará es para el aumento de capital (compra de papa por mayor) que adquirirá en las ferias de la Ciudad de El Alto 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 es soltera y tiene un hijo.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud y los ahorros que le ofrece la institución.
En la imagen falta un integrante del grupo, mismo que por razones personales no deseo salir en la imagen, sin embargo su madre lo represneto ella esta de pie.
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