This group has several businesses developing; some women dedicate to blanket knitting, some others sell stockings, cookies, candies, children apparel, among other goods.
They need higher credits to purchase wholesale and obtain higher profits that can generate them more earnings to achieve their homes’ sustainability.
Distintos son los negocios que este grupo tiene, algunas se dedican al tejido D. mantas, otras venden medias, galletas, dulces, ropa para niños Y otros. Necesitan D. mayores créditos parea adquirir productos al por mayor, así las ganancias serias mayores, D. esta forma generar mas ingresos para lograr sostenibilidad económica en sus hogares
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.
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Success!! The loan was 100% repaid