Mujeres Creciendo Group
Various types of businesses exist within the group but we can say that, for the most part, they are made up of merchants. Melody, for example, dedicates herself to selling shoes which she markets on trips to the city of Santa Cruz. Her mother works preparing and selling food. Others make crafts, handwoven textiles and borders that they later sell on Sagarnaga Street in the city of La Paz.
The association requires a loan for raw materials and other supplies. In particular, these would be for the nearing holiday season -- a time when their businesses will see growing sales and their incomes will increase.
Existen diferentes negocios dentro la asociación podemos decir que son comerciantes en su mayoría, por ejemplo Melody se dedica a la venta de zapatos, que los comercializa realizando viajes a la ciudad de Santa Cruz, su mamá se dedica a la elaboración y venta de comida, otras son artesanas, realizan tejidos y bordados que luego los venden en la calle Sagarnaga de la ciudad de La Paz,
La asociación Mujeres Creciendo precisa de créditos para materia prima y/o insumos en diferentes casos, principalmente por las prontas fiestas navideñas que ya llegan, es seguro que sus ventas aumentaran y también sus ganancias.
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.
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