This group is called "Las Bomberas" (the firefighters) because its chairwoman lives in Bomberos Street. Jhajaira Isabel is the group's secretary. She is 21 years old, married, has a 4-year-old daughter and another on the way. She buys her merchandise, which is new clothing, downtown and sells it from her home to the people of her neighborhood. She sells clothes for men, women and children. She has been in this business for 3 years to help with household expenses. She wants to use her earnings to furnish her home, and her dream is to some day buy a car to run her business more easily.
El grupo se llama "Las Bomberas" porque la calle en la que vive la presidenta del grupo se llama Bomberos. Jhajaira Isabel es la secretaria del grupo. Jhajaira tiene 21 años, esta casada y tiene una hija de 4 años y otra que viene en camino. Ella compra su mercancia, que es ropa nueva en el centro y la vende desde su casa con las personas de la colonia. La ropa que vende es de caballero, dama y niños. Ella ha trabajado en este negocio desde hace 3 años para ayudar con los gastos de la casa. Con sus ganancias ella quiere amueblar su casa y su sueño es algun dia comprar un automovil para surtir su negocio con mas facilidad.
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.