The group "Rosita" (meaning, Little Rose) is represented by Maria Del Rosario. The members primarily carry out sales of various products, such as: groceries, toys, drinks, cosmetics, snacks, and also make wool jackets. In general the members have a good business background and due to their good location they do not have any difficulties from competitors. The loan will be used to purchase products and ingredients to increase their sales. The members are currently on their second cycle and they have worked in member groups. They have shown great responsibility through their first cycle, primarily because individuals' dedication and because of the group president's efficiency. She showed a dynamic attituD. to maintain the accounts of some members that could not meet the payments on time.
EL GRUPO " ROSITA" ESTA REPRESENTADO POR LA SEÑORA MARÍA DEL ROSARIO. LAS SOCIAS SE DEDICAN PRINCIPALMENTE AL COMERCIO D. DIVERSOS PRODUCTOS COMO ABARROTES, PELUCHES, BEBIDAS, COSMÉTICOS, GOLOSINAS Y ALA CONFECCIÓN D. CHOMPAS D. LANA. EN GENERAL LOS SOCIOS (AS) TIENE UN BUEN CONOCIMIENTO D. SUS NEGOCIOS Y POR LA UBICACIÓN QUE TIENEN NO PRESENTAN DIFICULTADES CON LA COMPETENCIA. EL CRÉDITO SERÁ EMPLEADO EN LA COMPRA D. MATERIAS E INSUMOS PARA INCREMENTAR LA MERCADERÍA A LA VENTA. LOS SOCIOS(AS) ESTÁN CURSANDO SU SEGUNDO CICLO POR LO QUE CONOCEN DEL TRABAJO CON GRUPOS SOLIDARIOS HABIENDO DEMOSTRADO MUCHA RESPONSABILIDAD DURANTE SU PRIMER CICLO, DEBIDO PRINCIPALMENTE A LA SOLIDARIDAD D. LAS SOCIAS Y A LA EFICIENCIA D. LA PRESIDENTA QUE DEMOSTRÓ UNA ACTITUD DINÁMICA PARA REGULARIZAR LAS CUENTAS D. ALGUNAS SOCIAS QUE NO PUEDEN PAGAR A TIEMPO.
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.