The group, Little Smiles, is represented by Mrs. Zulema. She is single with three children, just as the other women of the group are mothers with children under the age of five. The members are young, dynamic, responsible, and have goals for advancement. A majority of the group sells different types of products such as chicken, cereals, fabric, cosmetics. Others bake bread, sew clothes, and proviD. public transportation. The members have plenty of experience in their areas, so they know how to gain a competitive edge in the market. In general, the members don't have experience working in these types of groups, and this is their first microloan, but they feel capable of fulfilling their responsibility to Kiva partner Fundacion Agrocapital and to the other members of the group. This loan will lead to increased income and (the purchase of) more products to sell and improve the members' ability to do business.
El grupo Risitas esta representada por la señora Zulema ella es soltera y tiene tres hijos al igual que sus compañeras D. grupo que son madres D. familia D. hijos menos a cinco años, las integrantes son gente joven, dinamica, respondable y con ganas D. progresar. Una mayoria del grupo se dedica al comercio D. diferentes productos como ser: venta D. pollo, cereales, tela, cosmeticos, cotillon algunos se dedican a la elavoracion D. pan, D. prendas D. vestir y al trasporte público. Las socias tiene vastante experiencia en el rubro al cual pertenecen por lo que saben manejar a su beneficio el mercado competitivo. En general los socios (as) no tienen experiencia trabajando con grupos solidarios ya que es su primer financiamiento, pero se sienten capaces D. cumplir con la Fundacion Agrocapital y con los integrantes D. su grupo con responsabilidad. el destino del crédito es para el incremento D. insumos y materiales a la venta así como para el mejoramiento D. sus 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.