La Bendicion Group
With the help of her parents, she recently started a business selling organic products on the Jorge Carrasco Avenue, from a rented location. She needs this loan in order to buy more merchandise.
The other members of this association have other businesses, such as coffee sales, clothing sales and manufacturing, and cafeterias. They all need this loan in order to buy merchandise, ingredients, and supplies for their respective businesses.
Con el apoyo de sus padres hace poco ha iniciado el negocio de venta de productos naturales y vende en puesto adquirido recientemente en la avenida Jorge Carrasco y necesita el préstamo para adquirir mercadería.
Las demás integrantes de esta Asociación tienen actividades económicas como: venta de café, ropa, confección de ropa, y atención de cafetería.
Todas necesitan el préstamo para adquirir mercadería, insumos o materia prima, según el negocio que tengan.
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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