Bartolina Sisa Group
The group members engage in a variety of activities, including the sale of sweets, and the sale of flowers, but they principally cook and sell food. They prepare varied lunches which they sell every day; this provides a small revenue to cover the day-to-day expenses of their homes and businesses.
Now they need more capital to expand production. They plan to buy larger quantities of raw materials with a view to increasing revenues and improving their living standards.
Existen diferentes actividades dentro el grupo por ejemplo la venta de dulces, venta de F., pero la actividad principal es la elaboración y venta de comida. Preparan almuerzo variados y los venden todos los días, pero con la venta de estos alimentos solo consiguen ingresos mínimos para cubrir gastos diarios tanto de sus casas como de sus negocios, necesitan mayor capital para ampliar su producción, por lo que necesitan comprar insumos en mayor cantidad, de esta manera conseguir mayores ingresos para mejorar su calidad de vida.
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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