Huayna Potosi Group
Margarita told us that she joined the community association a year ago. She currently has a meat selling business, which she has been working in for years and learned the business from her Uncle. The loan from this cycle she will use to increase her capital to be able to buy cattle which she buys in the communities close by and sells in the markets. This allows her to support her family. She is married and has five children.
When she was asked what she likes about 'Pro Mujer' she said she likes the life insurance.
**Not pictured are Miriam and Gregoria, Mirian because she had to go to a medical appointment and Gregoria for cultural reasons.
La señora Margarita, indica que forma parte de una asociación comunal desde hace un año atrás. En la actualidad ella cuenta con un negocio de venta carne, que viene trabajando hace años, aprendiendo el mismo de su Tío. El crédito de este ciclo es para aumentar su capital (compra de ganado) que adquirirá de las comunidades y posteriormente lo comercializará a en las ferias. Esta forma de trabajo le permite apoyar a su familia pues ella es casada y tiene cinco hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gustó el seguro de vida.
En la fotografía no se encuentran la señora Miriam y Gregoria, Miriam por rasones de consulta médica y Gregoria por razones culturales
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