The group “Villa Taruma” is mostly formed from people from the peri-urban area and is represented by ms. Hedilberta. The majority of the members sell American clothing, shoes, food, meat, bread and public transportation services. The competition in the market is high, but the members sell in the peri-urban zones, where they already have loyal customers. The loan will be used to increase their products to boost their earnings and to improve the quality of their products with better supplies. This group is beginning their second cycle and have demonstrated punctuality and responsibility in their payments, which demonstrates experience as a united group.
El grupo "Villa Taruma" en su mayoría esta conformado por personas del área peri-urbana y representado por la señora Hedilberta. La mayoría de las socias se dedican a la venta de ropa americana, zapatos, comida, carne, elaboración de pan y al servicio de transporte público. La competencia en el mercado es alta pero las socias venden en las zonas peri-urbanas donde ya tienen clientes fijos. El destino del crédito es para el incremento de productos para incrementar sus ingresos y mejorar la calidad de sus productos con insumos de mejor calidad. Este grupo se encuentra iniciando su segundo ciclo en el cual demostraron puntualidad y responsabilidad en sus pagos por lo que cuentan con experiencia en grupos solidarios.
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.