The group, The Tiluchi, is represented by Mr. Nelson and the other group members, who all live in the same neighborhood. The group members are in their second cycle, so they already have experience in these types of groups and have paid back other loans without difficulty, thus demonstrating honor and responsibility with their payments. In general, the members do things such as sell food, shoes, and makeup, bake bread and pastries, proviD. domestic service, and proviD. public transportation. As always in commerce, there is competition, but the group has a common goal: to advance in their businesses to improve the quality of life of their families. This loan will be used to purchase items and products needed to improve services. In general, the members have experience in these sorts of groups, but this is the first time that they have used this method with Kiva partner Fundacion Agrocapital.
EL GRUPO "EL TILUCHI" ESTA REPRESENTADO POR EL SEÑOR NELSON QUE AL IGUAL QUE SUS COMPAÑEROS RESID. EN EL MISMO BARRIO. LOS SOCIOS (AS) SE ENCUENTRAN CURSANDO SU SEGUNDO CICLO POR LO QUE YA TIENEN EXPERIENCIA EN GRUPOS SOLIDARIOS Y CANCELARON EL CRÉDITO SIN MAYOR DIFICULTAD DEMOSTRANDO HONRADEZ Y RESPONSABILIDAD EN SUS PAGOS. EN GENERAL LOS SOCIOS SE DEDICAN A ACTIVIDADES COMO LA VENTA D. COMIDAS. ZAPATOS, COSMÉTICOS A LA ELABORACIÓN D. PAN Y REPOSTERÍA AL SERVICIO DOMESTICO Y AL TRANSPORTE PUBLICO. COMO EN TODO RUBRO COMERCIAL SIEMPRE EXISTE LA COMPETENCIA PERO EL OBJETIVO DEL GRUPO ES COMÚN, EL D. PROGRESAR EN SUS NEGOCIOS PARA MEJORAR LA CALIDAD D. VIDA D. SUS FAMILIAS. EL DESTINO DEL FINANCIAMIENTO ES PARA LA COMPRA D. INSUMOS Y PRODUCTOS ASÍ COMO PARA LA COMPRA D. HERRAMIENTAS D. TRABAJO Y LA MEJORA D. SUS NEGOCIOS. EN GENERAL LOS SOCIOS (AS) TIENEN EXPERIENCIA EN GRUPOS SOLIDARIOS PERO ES LA PRIMERA VES QUE TRABAJAN BAJO ESTA MODALIDAD 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.