The members of the association pursue different businesses, but they are mostly merchants. They sell food, sweets, fruit, cosmetics, groceries, used clothes, and new clothes, among other goods. They market their products in fixed stands and also through traveling sales.
The association Sartawi needs loans to buy more products for parties at the end of the year. Their sales will certainly increase, as will their earnings.
Existen diferentes negocios dentro la asociación podemos decir que son comerciantes en su mayoría; venden comida, dulces, fruta, cosméticos, abarrotes, ropa usada, ropa nueva y otros. Comercializan sus productos en puestos fijos y también de manera ambulante.
La asociación Sartawi precisa de créditos para comprar mayor cantidad de productos ya que por las fiestas de fin de año, es seguro que sus ventas aumentaran y también sus ganancias.
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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