"Huajara" group is represented by N. Salome and consists of 11 members who participated in previous groups with the Agrocapital Foundation, which means they have experience of group solidarity and especially in administering the authorised funds. The majority of the members work in commercial activities selling groceries, food, clothes and urban public transport. It is a very dynamic group, who aren't worried by the competition and who manage their products according to market demand, which requires work capital in order to move merchandise rapidly and be able to sell products more competitively.
El grupo "Huajara" esta representado por la señora N. Salome y conformada por 11 miembros de los cuales ya participaron en anteriores grupos dentro de la Fundación agrocapital por lo que tienen experiencia en grupos solidarios y principalmente en la administración de los fondos otorgados. La mayoría de sus miembros se dedican a actividades comerciales de venta de abarrotes, comida, ropa y al transporte público urbano, es un grupo muy dinámico por lo que la competencia no les preocupa ya que manejan productos de acuerdo a la demanda del mercado para lo cual requieren capital de trabajo para mover rápido la mercadería y poner a la venta productos mas competitivos.
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.