Sol Naciente (Cuenca) Group
Evelyn has been a merchant for 3 years. She sells costume jewelry for a living. She also buys and sells small chicks. These activities give her economic independence and personal success. The money from this loan will go towards the purchase of costume jewelry. Her goal is to grow more in her business.
Una de las socias de este grupo es la Señorita. Evelyn, tiene 24 años de edad, es soltera y aun no ha concebido hijos, vive con sus padres con quienes comparte los gastos del hogar, no tienen casa propia por lo que viven arrendando.
Doña Evelyn desde hace 3 años se dedica a al comercio, vende bisutería así como también compra y vende pollitos pequeños, estas actividades le dan independencia económica y así se supera en su vida personal. El dinero de su crédito va a invertir en la compra de bisutería. Su meta es crecer más en el negocio.
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