The Las Andantes 2 community bank is represented by Sra. Guadalupe. Its members are responsible people who work together to improve the lives of their families and to excel as a team. They own various businesses selling products such as meat, vegetables, fruits and groceries and services such as dress-making and painting. They're hard-working and responsible because they support their families with their businesses. Most of the group's members joined the last [borrowing] cycle so they have experience working together and they offer incentives to new members to be responsible borrowers. The purpose of the loan is to fund the purchase of goods for resale and work tools.
El banco comunal "LAS ANDANTES 2" esta representado por la señora Guadalupe, sus integrantes son gente responsable que trabaja unida para sacar adelante a sus familias y sobresalir como un buen grupo D. trabajo, los socios se dedican a actidades D. comercio como a la venta D. carne, verdura, frutas y abarrotes algunos tienen actividades como la costura y la pintura son gente emprendedora y responsable ya que mantienen a sus familias con su trabajo. los miembros del grupo participaron en el anterior ciclo en su mayoría por lo que tiene experiencia en el trabajo con grupos solidarios e incentivan a las integrantes nuevas a ser personas responsables en sus pagos. El destino del financiamiento es para el incremento D. insumo para la venta y compra D. materiales y herramientas D. trabajo.
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.