The group "Los Ceibos" is lead by Carmen. All of the members are street vendors, selling such items as sweets, clothing, and food, and providing seamstress, messenger, and public transportation services. They are people of few resources but much honor, and they desire greatly to work their way toward further success. It is for this spirit that the Agrocapital Foundation offered the group an opportunity to improve their quality of life by improving the small businesses which they rely on to proviD. for themselves and their families. The funding they receive is designated for the purchase of raw materials and supplies, the sale of which would help them to improve their workplace. The members have experience working with financial assistance from the Agrocapital Foundation, and they have demonstrated both punctuality and responsibility in their relationship with the foundation. Within the group there is a relationship between Omar Willy and Eddy Fidel, but both members have totally independent sources of income, so this situation causes absolutely no problem within the group.
El grupo " Los Ceibos" esta representado por le señora Carmen, todos los socios se dedican al rubro comercial ambulante como a la venta D. dulces, ropa, comida, sastrería servicio D. mensajera y al transporte público, son gente D. escasos recursos pero honrada y con ganas D. trabajar para salir adelante es por eso que la Fundación Agrocapital les brinda una oportunidad D. mejorar la calidad D. vida D. los suyos y a mejorar sus pequeños negocios que representan el sustento D. sus familias. El financiamiento esta destinado a la compra D. insumos y materiales a la venta así como a la mejora D. sus puestos D. trabajo. Los socios (as) tienen experiencia con grupos solidarios la cual adquirieron en la fundación Agrocapital en financiamientos anteriores en los cuales demostraron puntualidad y responsabilidad. Dentro del grupo existe un parentesco entre el seeñor Omar Willy y Eddy Fidel pero ambos tiene ingresos totalemnete independientes por lo que no existe ningún problema dentro del grupo.
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.