The members of the "Intachables" (Impeccable) Community Bank are represented by Mrs. Victoria and made up of 12 members, all of whom are women who live near the shacks of the Pirai River. They help one another and have known each other for many years. They all have different types of businesses, such as sales of fruit or cosmetics, some sell food to the men who work on the river, some sell soft drinks or clothing, and some work in public transportation. Since competition is very fierce these days, the women use their loan money in order to increase their production capacity or increase their stock of products. The members are completing their second loan cycle and have demonstrated punctuality and a will to help their families get ahead and to give them a better quality of life.
Las socias del banco comunal "Intachables" están representadas por la señora Victoria y conformada por 12 miembros los cual, son un grupo de señoras que viven en los alrededores de las cabañas del río Pirai, que se ayudan entre si, se conocen ya desde hace muchos años todas tienen diferentes tipos de negocios tales como venta de frutas, cosméticos, algunas venden comida a los ripieros que trabajan en el río, refrescos, ropa y al transporte público de pasajeros. Debido a que la competencia es muy dura en estos días las señoras utilizan el dinero que se les presta para poder incrementar su capacidad de producción o ampliar el stock de productos que tienen. Las socias van cumpliendo ya su segundo ciclo demostrando puntualidad y ganas de sacar adelante a su familia y poderles brindar una mejor 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.