The “Chéveres” group is represented by Liliana and has 18 members that are in their second loan cycle demonstrating unity, honesty and responsibility in their payments. The majority of the members work as domestic employees, builders, providers of public transportation, childcare workers and employees in private businesses. They also work selling products such as bread, prepared food, and more. The competition in the labor market is high but the members know that their experience and responsibility are important in order to improve their businesses and have greater income. The financing will be used to buy consumables, materials and tools for their respective businesses in order to proviD. better serve and have greater income and improve each member’s quality of life and that of their families. The members have experience as a unified group and have demonstrated this in their previous loan cycle and therefore the Agrocapital foundation has every confidence in this loan.
El grupo "Chéveres" esta representado por la señora Liliana y conformada por 18 miembros que cursan su segundo ciclo demostrando unión, honestidad y responsabilidad en sus pagos. En su mayoría los socios (as) se dedican a la prestación D. servicios como domesticas, constructores, trasporte público D. pasajeros, niñeras y empleadas en empresas privadas, también se dedican a la venta D. productos como pan, comida y otros. La competencia en el ámbito laboral es granD. pero las socias saben que vale más su experiencia y su responsabilidad para realizar mejor su trabajo y tener mejor ingreso. El destino del financiamiento es la compra D. insumos, materiales y herramientas D. trabajo para brindar un mejor servicio y para tener mejores ingresos y mejorar su calida D. vida y la D. sus familias. Los socios (as) cuentan con experiencia en grupos solidarios como lo que han demostrado en su anterior ciclo es por esa razón que la fundación Agrocapital les da su confianza
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.