La Esquina (Cuenca) Group
One of the group's members is Mrs. Rosario, who is 58 years old, and married. The fruit of this union has been 8 children, two of whom are married and living independently, while one studies in the university and also works; two are in a city school, and three others work, providing economic aid. Her husband pursues the craft of masonry. The house they live in is their own.
Mrs. Rosario also works in the countryside, raising guinea pigs, chickens and cattle whose milk they sell. Also, she labors in agriculture, sowing vegetables, and she sells her harvest in the community or in the city. The money from the loan will be used to purchase a milk cow. Her goal is to expand her animal raising.
The two women in the small photos are two members who could not be present when the group photo was taken.
Una de las socias de este grupo es la Señora Rosario, tiene 58 años de edad, está casada y fruto de su unión conyugal ha concebido 8 hijos, dos de ellos están casados y viven independientes, uno estudia en la universidad y también trabaja, dos están en un colegio de la ciudad y tres hijos trabajan ayudan económicamente, su esposo labora en la arte de la albañilería, la casa en la que vive es propia.
Doña Rosario se dedica a las tareas del campo, cría cuyes, pollos y ganado del cual vende la leche, también se dedica a la agricultura, siembra hortalizas y su cosecha la vende en su comunidad o en la ciudad. El dinero de su crédito es para la compra de una vaca lechera. Su meta es de crecer en la crianza de animales.
Las dos fotos pequeñas son de dos socias que no pudieron estar presentes cuando se tomo la foto del grupo.
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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