The "Coca Cola" group is repesented by Maria Luisa. She owns a small neighborhood store where she sells candy, groceries and basic goods. More than half of the group works in agriculture or raise cattle, pigs or fish. Some have small stands in the central market. They are hard-working people with a desire to get ahead. They are completing their third cycle with Fundacion Agrocapital and are familiar with group loans. During the time they have worked with Fundacion they have shown punctuality and great care in meeting their payments with this institution and with the group. The purpose of this loan is to increase their inventory as well as to buy supplies, tools, and materials for their different activities, particularly for the Christmas season when sales increase for their different products and animals.
El Grupo "Coca Cola" esta representado por la señora Maria Luisa, ella posee una pequeña tienda D. barrio en la cual venD. dulces, abarrotes y productos en general, mas D. la mitad del grupo se dedica a la agricultura o a la cria D. vacas, chanchos y pescados, algunos tienen pequeños puestos D. venta en el mercado central. Son gente emprendedora y con ganas D. progresar ellas(os) ya se encuentran cumpliendo su tercer ciclo en la Fundacion Agrocapital, por lo que conocen el trabajo en grupos solidarios. En el periodo D. tiempo que trabajaron con la Fundacion han demostrado puntualidad y esmero en los pagos y cumplimiento con la Intitucion y a su mismo grupo. El destino del financiamiento es para el incremento D. productos a la venta, asi como para la compra D. Insumos, Herramientas y materiales para sus diferentes actividades en especial para la epoca naviD.ña donD. se incrementa la venta D. los diferentes productos y animales.
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.