The group "Kantuta" is represented by Sonia and maD. up of 13 people who live in the Sacaba province and have confidence as a group. The majority of the members are dedicated to selling products like clothing, vegetables, surgar, rice, and the others are dedicated to activities like public transportation services and building homes. The competency doesn't bother the members since they come with many years of experience in their business. The loan is destined to buying more materials and supplies to increase their incomes and improve their quality of life and that of their families. The members are completing their second cycle, for which they count on their experience to drive the funds and also to complete all of their obligations on time.
El grupo "Kantuta " esta representado por la señora Sonia e integrada por 13 personas que residen en la provincia D. Sacaba y gozan D. confianza como grupo. Una mayoría D. las socias se dedica al comercio D. productos como ropa, verduras, azúcar, arroz, comida y los varones se dedican a actividades como el servicio público D. transporte y a la construcción D. viviendas. A los integrantes del grupo no les molesta la competencia ya que gozan con muchos años D. experiencia en su negocio. El crédito esta destinado a la compra D. materiales e insumos para incrementar sus ingresos y mejorar su calidad D. vida y la D. sus familias. Los socios van cumpliendo su segundo ciclo por lo que cuentan con experiencia para el manejo D. fondos y también para cumplir a tiempo con sus obligaciones
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.