The group “Renacer Ingenio” (“Reborn Ingenuity”) is represented by Mrs. Mónica, who sells tennis shoes. Mrs. Mary Lourdes Marilin and Adelia are relatives, but each one has her own business, so that the group doesn’t have bigger problems. Most of the members are involved in businesses that sell food, cell phones, electric appliances, clothes for confession, including skirts, jackets, and shoes. Each one is conscious of the competition that exists in the market, but the years of experience they have in the field allow them to know that they are capable of paying their repayments punctually and responsibly. The loan will be used to acquire merchandise to sell, such as supplies, materials, and tools for their small businesses. They have experience in working in mutually binding groups since they have worked with groups before. They have demonstrated honesty and punctuality in their payments.
El grupo “Renacer Ingenio” esta representado por la señora Mónica que se dedica a la venta D. tenis, existe parentescos familiares entre la señora Mary Lourdes,Marilin y Adelia pero cada una tiene independencia economica por lo que el grupo no tiene mayores contratiempos. Una mayoría D. los socios (as) se dedica al comercio los cuales venden comida, celulares, electrodoméstico, ropa a la confesión D. polleras, chamarras y zapatos. Cada uno es conciente D. la competencia que existe en el mercado D. compra y venta pero los años que tienen D. experiencia en el rubro les permite decir que son capaces D. pagar sus cuentas con puntualidad dy responsabilidad. El financiamiento esta destina a la adquisición D. mercadería para la venta así como a la compra D. insumos, materiales y herramientas para sus pequeños negocios. Son gente que tiene experiencia en el trabajo con grupos solidarios ya que trabajaron con grupos anteriores, demostrando honestidad y puntualidad en los pagos.
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.