The group called the "Conquistadoras" is represented by señora Rose Marie and is formed of 12 people, the majority of whom are women. They demonstrate support and commitment with each member of the group. The members sell vegetables, hand-woven sweaters, crafts, food, blankets, clothing, and one has a denture service. The members know that competition exists in the market, especially in their trades, but the competitiveness and willingness to work of each one of the members let them get ahead. This financing will be used to purchase merchandise and supplies to better their merchandise and make themselves more competitive in the market. The members have experience in support groups and are starting their fourth loan, and they will finish it by complying with and being responsible with their payments.
El grupo las Conquistadoras estan representados por la señora Rose Marie y conformado por 12 personas en su mayoría son mujeres, demuestran solidaridad y compromiso con cada una D. las integrantes del grupo. La s Socias se dedican a la venta D. hortalizas, chompas tejidas a mano, artesanías, comida repuestos, mantas, ropas y al servicio D. prótesis dental. La socias saben que existe la competencia en el mercado en especial en sus rubros pero el nivel competitivo y las ganas D. trabajar D. cada una D. las socias siempre las saca adelante. el destino del financiamiento es para la compra D. mercadería e insumos para mejorar su mercadería y hacerse mas competitivas en el mercado. Las socias ya tiene experiencia en grupos solidarios ya que se encuentran cursando su cuarto ciclo el cual culminan siendo cumplidas y responsables en sus pagos.
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.