Rosas Blancas Group
The Rosas Blancas association needs to purchase raw materials in order to boost sales and, consequently, their earnings for the good of their families.
L. asociación Rosas Blancas necesita comprar materia prima para ampliar sus ventas, así sus ingresos mejorarían para el bien D. sus familias.
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.
98View loans »
Success!! The loan was 100% repaid