Mujeres Trabajando Group
Elena, communal bank President, states that she’s been a member of the “Mujeres Trabajando” communal bank for fifteen months. Madame President has had an artisanal bed weaving business for 20 years. She states that she needed money to cover household expenses. On this occasion she is asking for a loan to buy a cow at the Patacamaya livestock fair.
Elena is an adult woman of 57 years, married and the mother of 8 children. When she is asked what she likes about Pro Mujer she answers that she likes the training.
La señora Elena, presidenta de la asociación comunal, indica que forma parte de la A.C. “MUJERES TRABAJANDO” desde hace quince meses. La señora presidenta tiene como negocio, desde hace 20 años, el tejido artesanal de camas, se dedicó a este trabajo por necesidad, ella comenta que le faltaba dinero para cubrir las necesidades del hogar, ahora ha solicitado su crédito para comprar una vaca en la feria de Patacamaya. La señora Elena, mujer adulta de 57 años de edad, está casada, es madre de ocho hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación.
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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