The group "Las Magnificas" (The Magnificent Ones) is represented by Ana Maria. Everyone in the group lives in the 30000 plan in the Urkupiña neighborhood where everyone knows each other. Natali and Patricia are sisters but they have totally independent sources of income so that no risks exist within the group. In general, the members dedicate themselves to activities such as clothing, public transportation, and bread, meal, grocery, cosmetics and clothing sales. The members know that there is great competition in the comercial and labor markets, but they are always able to move forward with their experience and their earnings. This loan is intended to purchase materials and supplies and improve their end products to increase their profits so that they can fulfill their obligations and proviD. for their families. The member partners have experience in such support groups. They already worked with institutions similar to the Fudaction Agrocapital that provided them with the opportunity to improve their profits and the quality of life for their families.
El grupo "Las Magnificas" están representadas por la señora Ana Maria, todo el grupo resiD. en el plan 30000 en el barrio Urkupiña y se conocen entre si; existe un parentesco familiar entre la señora Natali y Patricia ambas son hermanas pero tienen ingresos totalmente independientes por los que no existen riesgos en el grupo. En general las socias se dedican a actividades como la confección D. prendas D. vestir, transporte público D. pasajeros y a la venta y comercialización D. pan, comida, abarrotes, cosméticos y ropa. Las socias aceptan que existe gran competencia en el mercado comercial y laboral pero siempre se pueD. salir adelante con experiencia y ganas D. trabajar. El crédito esta destinado a compra D. materiales e insumos y a la mejora D. sus productos terminados para incrementar sus ingresas para poD. cumplir con sus obligaciones y llevar el pan D. cada día a sus familias. Las socias integrantes tienen experiencia en grupos solidarios ya que trabajaron con instituciones semejantes a la fundación Agrocapital quien les brinda la oportunidad D. mejorar sus ingresos y la calida D. vida 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.