Every 14 days the Flor Aymara Group meets in the Cascada neighborhood center. Every one of the group members is very punctual. With the help of their loan advisor, they are working in a responsible way on their internal activities. Sadly, many of the members have had to separate from their partners due to very sad circumstances and become the head of their households with the sole responsibility for the well-being of their children. They are engaged in various activities; some are artisans, others prepare and sell meals. Viviana makes and repairs hats and others weave blankets. They all have hopes that their businesses will grow and that is why they are requesting greater loans in order to buy raw materials and ingredients. They also have the confidence that they will have greater sales and consequently greater earnings in order to improve their quality of life.
Cada 14 días se reúne la asociación “Flor Aymara”, en el centro focal Cascada, todo el grupo muy puntual, con la ayuda de su asistente de créditos, trabaja en las actividades internas de manera responsable.
Lamentablemente muchas de las socias tuvieron que separase de sus parejas por muchos lamentables motivos, lo que les llevo a ser jefes de familia, encargándose ellas solas del bienestar de sus hijos.
Se dedican a varias actividades, algunas son artesanas, otras elaboran y venden comida, Viviana se dedica a la confección y reparación de sombreros y otras realizan tejidos de mantas. Tienen la esperanza de que sus negocios crezcan, es por eso que solicitan mayores créditos para comprar materia prima e insumos, tienen la seguridad que tendrán mayores ventas y por consiguiente mayores ingresos para mejorar su calidad de vida.
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.