The Jazmin group is composed of 12 members. The majority of them have been involved in sales for several years. They sell various items like cosmetics, new clothes, used clothes, American clothes, soft drinks, empanadas, bread and food. Also, there are members, like the president, for example, who do tailoring work. She has 36 years experience in this field. There are also members who work as motorcycle taxi drivers.
El grupo Jazmin se encuentra conformado por 12 personas D. la cuales la mayoría se dedica desD. hace varios años atrás al comercio D. distintos artículos como ser: cosméticos, ropa nueva, ropa usada, ropa americana, refrescos, empanadas, pan y comida en general. En el grupo también hay socios como la presidenta por ejemplo que se dedica a realizar trabajos D. sastrería y tiene una experiencia en este rubro D. 36 años. También hay socios que se desempeñan como mototaxistas.
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.