The "El Trapiche" group is comprised of 17 people who are represented by señora Norma, who is their president. The members of the group have different jobs like selling bread, vegetables, cosmetics by catalog, and seasonal products. Some of the male members have public transportation businesses. The competitive level of this group is high, and this is why they need economic support to buy materials and tools that will help them have more attractive products in the competitive market. In this way they will earn better incomes that will let them give their families a better quality of life. The group is on its third loan and has been punctual, honest, and responsible with their obligations.
El grupo “El Trapiche” esta compuesto por 17 personas representados por la señora Norma quien es su presidenta. Las socias del grupo se dedican a actividades como la venta de pan, verduras, cosméticos por catalogo, y productos e la época, alguno de los socios varones se dedican al transporte público de pasajeros. El nivel competitivo de este grupo es alto es por esta razón que requieren de un apoyo económico para la compra de materiales, insumos y herramientas que ayudará a realizar un producto mas atractivos para el mercado competitivo y de esa manera generen mayores ingresos que servirá para bríndales a sus familias una mejor calidad de vida. El grupo se encuentra cursando su tercer ciclo demostrando puntualidad, honestidad y responsabilidad en el cumplimiento de sus obligaciones.
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.