Flor De Primavera Group
Guillermina remarks that she has worked with Pro Mujer for two years and she joined the institution at a promotor's invitation. At present, she has a business selling beer and has been doing this for years.
The loan she is now taking out is to increase her capital, buying beer from distributors and later selling it at area festivals in the city of La Paz and El Alto. This work helps her support her family. She is in a common law marriage and has 4 children.
La señora Guillermina, indica que hace dos años que trabaja en Pro Mujer y que integro la institución por invitación de promotoras. En la actualidad ella tiene un negocio de venta de cerveza que viene trabajando hace años.
El crédito que ahora sacará es para aumentar su capital (compra de cerveza) que adquirirá de las agencias distribuidoras y posteriormente lo venderá en las fiestas zonales en la ciudad de La Paz y El Alto. Esta forma de trabajo le ayuda a poyar a su familia pues ella vive en unión libre y tiene cuatro hijos
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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