Avenida Lopez Avelar Group
The members of the group want to say to Kiva and to "Fundación Realidad" [Reality Foundation], "We thank you for the opportunity that you have given us to continue growing in our businesses."
Martina Roció is one member of the group and is 32 years old. She lives in a free union with her husband. They have 2 children, José Moisés, who is six years old and is in preschool, and Melanie who is only a month old. Martina sells cosmetics and perfumes from a catalog and is asking for a loan to buy these items on sale. She began her business four years ago. Her business is important because it leaves her with some earnings. She is proud of her business because it allows her to know a lot of people, to leave her home and have fun and possibly win awards (bestowed by the catalogue company). Her plans and hopes are to have a more stable business, to give her children the chance to study and to make sure they are healthy and that they are not lacking anything.
**The woman in the pink blouse who is holding the child in the green shirt decided not to take out a loan with FRAC, and for this reason she is no longer part of the group.
La señora Martina Roció es Integrante del grupo, ella tiene 32 años D. edad, vive en unión libre con su esposo y tienen 2 niños José Moisés D. 6 años D. edad está en preescolar y Melanie tiene un mes D. nacida, ella venD. cosméticos y perfumes por catalogo y solicito su crédito para comprar las ofertas D. cosméticos y perfumes, ella inicio su negocio hace 4 años. Su negocio es importante porque le deja algo D. ganancias, ella está orgullosa D. su negocio porque conoce a más personas, sale y se distrae, gana premios , sus planes y esperanzas son tener un negocio más estable, darles estudio a sus hijos y que todos estén bien D. salud y que no falte lo necesario.
**La señora D. blusa rosa que tiene al niño D. playera verD., decidió no seguir con los préstamos D. FRAC, por tal motivo ya no forma parte D. grupo.
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