El Cruce Hacia El Futuro (Cuenca) Group
The women in this group are fighters who try daily to improve their household income for the benefit of their families. They are very happy women and demonstrate that at each communal bank meeting. One of the members of this group is Maria. She is 62 years old and widowed. She has two adult children from her marriage who are married and live independently. She lives alone in a house she owns. Maria works as a maid Monday to Saturday all day. At home, she raises guinea pigs and chickens. She will invest the money from this loan in purchasing chickens and animal feed to grow this business. Her dream is to make improvements to her house.
Una de las socias de este grupo es la Señora. María, tiene 62 años de edad, es viuda y en su unión conyugal ha concebido 2 hijos mayores de edad que son casados y viven independientes, ella vive sola en casa en su casa propia.
Doña María labora como empleada domestica de lunes a sábados todo el día, en su casa se dedica a la cría de cuyes y pollos. El dinero de su crédito va a invertir en la compra de pollos y en alimento para sus animales para crecer en esta actividad. Su sueño es mejorar su casita.
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