The “Urkupiña” group is represented by Ms. Caren L.. The members are in their fourth loan cycle with the foundation, demonstrating punctuality and responsibility with their repayments. They are very honest and enterprising people. Some members are involved in selling clothing, cosmetics, or food, while others proviD. services as manicurists and hairstylists. The men of the group work in public transportation. They are people who have learned to compete in the market over the years because they help each other out. The loan will be used to purchase merchandise and supplies in order to better stock their sales booths. The members understand how to work in solidarity groups because in their previous loan cycles, they have demonstrated responsibility and punctuality with Fundación Agrocapital.
El grupo "Urkupiña" esta representado por la señora Caren en general las socias cursan el cuarto ciclo con la fundación demostrando puntualidad y responsabilidad en sus pagos son gente emprendedora y muy honesta. la mayoría D. los socios (as) se dedican a la venta D. ropa, cosméticos, comida y actividades como manicuritas, peinadora y los varones al transporte público, son gente que con los año aprendió a competir con en el mercado en el que trabajan por lo que siempre han podido salir adelante con la colaboración D. sus familias ya que todos trabajan para ayudar en los trabajos D. los socio (as). El crédito financiado servirá para la compra D. mercaderías e insumos para estocar mejor sus puestos D. venta. Los socios (as) conocen bien la forma D. trabajo con grupos solidarios ya que en anteriores ciclos demostraron responsabilidad y puntualidad con la fundación Agrocapital.
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.