Las PodeR. ('The Powerful Ones') community bank is represented by Carmen Cecilia and is made up of twelve members. Some members sell products such as sweets, phone cards, cosmetics, and home appliances, and others provide services such as those of a courier, secretary, and welder (specializing in gas metal arc welding). Competition in the commercial sector is a struggle every day but the group members know how to get through it thanks to their experience and progress.
The loan will be used to buy supplies, materials, and tools that will help improve the members' incomes, providing their families with a better quality of life. The majority of the group members don't have experience working in solidarity groups but know how to work in order to fulfill their obligations with responsibility and honesty.
El banco comunal "Las PodeR." esta representado por la señora Carmen Cecilia y conformada por 12 miembros los cuales se dedican a actividades de venta de productos como dulces, tarjetas, cosméticos, electrodomésticos y al servicio de mensajeria, secretaria y soldadura de arco y oxigeno. La competencia en el ámbito comercial es una lucha de cada día pero, los socios del grupo saben como salir adelante gracias a su experiencia y sus ganas de progresas. El crédito esta destinado al incremento de insumos, materiales y herramientas que ayuden a mejorar sus ingresaos para brindarles a sus familias una mejor calida de vida. Una mayoría de los miembros del grupo no tienen experiencia en grupos solidarios pero saben como trabajar para cumplir con sus obligaciones con responsabilidad y honestidad.
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.