The administration of this group is directed by Aydee, who is the president and her two assistants Ursina and Yaneht.
These associates run businesses such as the confection and sale of articles of clothing made from wool and other materials, the sale of fruit and vegetables and other foods, and the sale of plastic, jewelry, toys and CDs. This group is starting it's 4th cycle, most of the women already know about working in solidarity; it's a group of happy people and of entrepreneurs.
The financing is destined to be invested as business capital to help grow their businesses.
La directiva esta conformada por las señora Ayde que es su presidenta y sus dos colaboradoras directas la señora Ursina y Janneht; Las socias se dedican a la venta y confesión de prendas de vestir de lana y de otros materiales, venta de verduras y frutas así como a la venta de comida y la comercialización de plásticos, joyas, juguetes y Cds. Este grupo esta emprendiendo su cuarto ciclo, la mayoría de ellas ya se conocen el trabajo de grupos solidarios, es un grupo de personas muy alegres y emprendedoras. El destino del financiamiento es para el incremento de capital y de insumos para hacer crecer sus negocios.
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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