Las Cumplidas Group
The president, Mrs. Amalia, is 31 years old and the mother of two children. This is her first work experience with the association. For five years she has been selling athletic shoes, which is the trade she learned from her mother. She buys the merchandise in Iquique, Peru and in other cities in Bolivia, such as Cochabamba. Mrs. Amalia works alone. She plans to use the loan to buy brand name athletic shoes so she can increase sales. When we asked her what she liked most about Pro Mujer, she said, "Everything.".
La presidenta, la señora Amalia es una mujer joven de 31 años de edad, madre de dos hijos. Esta es su primera experiencia en el trabajo con asociaciones comunales.
Desde hace cinco años negocia con la compra – venta de tenis (zapatos deportivos), aprendió el negocio de su madre. Compra la mercadería del vecino país del Perú, en la ciudad de Iquique y viaja hasta otras ciudades de Bolivia, como Cochabamba, para vender los tennis. La señora Amalia trabaja sola en este negocio. Con el monto de crédito solicitado piensa comprar “zapatos deportivos de buena marca” y con ello mejorar sus ventas.
Cuando le consultamos qué es lo que más le gusta de Pro Mujer, la señora Amalia responde todo”.
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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Success!! The loan was 100% repaid