The group "siempre amigas" (always friends) is represented by señora María del Carmen and is comprised of 14 members. Two of the members, Liliana and Dunia, are sisters, but they are completely independent with their incomes. The majority of the members are dedicated to commercial activities like selling food, professional psychology, promoting cosmetics, having a neighborhood store, and selling clothing and other products in the markets in the city. The women recognize that there is a lot of competition in their trades, but with experience, one learns how to get ahead. The credit will be used to purchase supplies and materials for selling their products. The members have experience in support groups since they worked with similar institutions to Fundación Agrocapital. So they are familiar with the responsibility and obligation that is required by the members of their group.
El grupo "siempre amigas " esta representado por la señora Maria del carmen y conformada por 14 miembros dentro del cual existe parentesco familiar entre la señora Liliana y Dunia las cuales son hermanas pero con ingresos completamente independientes. La mayoría D. los socios (as) se dedican a actividades comerciales como a la venta D. comida, psicología profesional, promotoras D. cosméticos, tienda D. barrio, venta D. ropa y otros productos más en mercados y ferias D. la ciudad. Parte D. ellas reconocen que existe gran competencia en su rubro pero con los años uno sabe como salir adelante. El destino del crédito es para la compra D. insumos y materiales para sus actividades principales D. venta D. productos. Los socios (as) tienen experiencia en grupos solidarios ya que trabajaron con instituciones parecidas a la fundación agrocapital por lo que conocen D. la responsabilidad y el compromiso que se requiere en especial con los integrantes D. su 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.