The partners of the “Rosas D. los Andés” (Roses of the Andes) group are represented by Lourdes. The group consists of 13 members, two of which are men and the rest are hardworking and enterprising women, thus the name of the group. The members are people of humble means, but with a great desire to make progress by working in sales of products such as food, watches, clothing, shoes, fruits, backpacks, and embroidered shawls. There is a lot of competition in the market, but they benefit from their experience and the quickness with which they change their merchandise. They are always prepared to deal with the behavior of the market and are prepared for the season. Unfortunately, however, some of the members are not able to enter into this new loan cycle, and this is the main reason for not complying with their payment plan. However, the other members of the group are always there to help them out and to avoid losing members of the group, which is mostly composed of friends of many years. The use of the loan is to purchase merchandise and ingredients in order to meet the demand of the market. The members have experience in loan groups, so they understand the method of payment and the level of responsibility and follow-through that is required to maintain themselves as a group with Fundación Capital.
LAS SOCIAS DEL GRUPO "ROSAS D. LOS ANDES" ESTÁN REPRESENTADOS POR LA SEÑORA LOURDES Y COMPUESTA D. 13 MIEMBROS D. LOS CUALES DOS SON VARONES Y EL RESTO MUJERES TRABAJADORAS Y EMPRENDEDORAS ES D. AHÍ EL NOMBRE. LOS SOCIOS (AS) SON GENTE HUMILD. PERO CON MUCHOS DESEOS D. PROGRESAR TRABAJANDO EN SUS PUESTOS D. VENTA D. PRODUCTOS COMO LA COMIDA, RELOJES, ROPA, ZAPATOS, FRUTAS, MOCHILAS Y MANTAS TEJIDAS. EXISTE BASTANTE COMPETENCIA EN EL MERCADO SIN EMBARGO ELLAS SE VALEN D. LA EXPERIENCIA Y D. LA RAPIDEZ QUE TIENEN PARA CAMBIAR SU MERCADERÍA, SIEMPRE ESTÁN D. ACUERDO AL COMPORTAMIENTO DEL MERCADO Y D. ACUERDO A LA ÉPOCA, PERO LAMENTABLEMENTE ALGUNAS SOCIAS NO LOGRA ENTRAR DENTRO D. ESTA RENOVACIÓN Y ES LA CAUSA PRINCIPAL PARA UN INCUMPLIMIENTO A SU PLAN D. PAGOS, PERO SUS COMPAÑEROS D. GRUPO SIEMPRE ESTÁN PARA DARLES UNA MANO Y EVITAR CUALQUIER CAÍDA D. LOS MIEMBROS D. SU GRUPO COMPUESTO EN SU MAYORÍA POR AMIGOS D. MUCHOS AÑOS ATRÁS. EL DESTINO DEL FINANCIAMIENTO ES PARA EL INCREMENTO D. MERCADERÍA E INSUMOS PARA ATENDER LA DEMANDA DEL MERCADO. LOS SOCIOS (AS) TIENEN EXPERIENCIA EN GRUPOS SOLIDARIOS POR LO QUE CONOCEN LA MODALIDAD D. PAGO, LA RESPONSABILIDAD Y CUMPLIMIENTO QUE SE REQUIERE PARA CONSERVARSE COMO UN GRUPO D. 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.