El Batán (Cuenca) Group
One of the members of this group is Silvia, 33 years old, who is a widow but in her marriage had 4 children, ages 15, 12, 8, and 6. Her oldest child is studying at the secondary school, three are in the primary school, and she lives in her own home.
Silvia is dedicated to the care of her children and on market days, she sells a great variety of clothing. The money from her loan will be invested in purchasing clothing to expand her business. Her goal is to have her own vehicle.
Una de las socias de este grupo es la Señora. Silvia, tiene 33 años de edad, es viuda pero en su unión conyugal ha concebido 4 hijos de 15, 12, 8 y 6 años de edad, su primer hijo estudia en el colegio y tres en la escuela, la casa en la que vive es propia.
La Señora. Silvia se dedica al cuidado de sus hijos y en los días de feria se dedica a la venta de una gran variedad de ropa. El dinero de su crédito va a invertir en la compra de ropa para ampliar su negocio. Su meta tener un vehículo propio.
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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