This group, "Chicas Rebeldes", represented by María Flora, is in its fifth loan cycle. They have politely and responsibly, they have asked the people who were irresponsible in previous cycles to leave the group so that they can have more trust amongst the members who make up this new group. They are working with the same enthousiasm as they had before. In general, the group's incomes come from sales of food, salteñas [a savoury pastry], medications, cereals, cosmetics from catalogues and public transportation services as well as cleaning services. The loan will be used to increase the merchandise and ingredients as well as the purchase and improvement of work tools. There is a great deal of competition in commerce but the members know how to keep their businesses going thanks to their experience and their quality as their are their families' support. The members have a good deal of experience managing money and know how to fulfill their obligations responsibly and honestly as they have shown in their previous cycles working with Fundación Agrocapital.
El grupo " Chicas Rebeldes " esta representado por la señora María Flora, el grupo se encuentra cursando su quinto ciclo siempre cumplidas y responsables seleccionaron a las personas irresponsables de ciclos anteriores para tener mayor confianza entre los miembros que conforman el nuevo grupo para trabajar con el mismo entusiasmo como hasta ahora. En general el grupo se dedica a actividades como a la venta de comida, salteñas, medicamentos, cereales, cosméticos por catálogos y al servicio de trasporte público y al servicio de limpieza. El crédito esta destinado al incremento de mercadería e insumos así como a la compra y mejora de sus herramientas de trabajo. Dentro del ámbito comercial existe una gran competencia pero las socias saben como salir adelante gracias a su experiencia y su calidez ya que son el sustento de su familia. Los socios (as) tienen bastante experiencia en el manejo de los fondos otorgados y saben cumplir con sus obligaciones con responsabilidad y honestidad como lo han demostrado en sus anteriores ciclos trabajando con la fundación Agrocapital.
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.