The community association 'Nueva Vida' [New Life] will be beginning their third loan cycle with 'Pro Mujer' [For Women] as a part of the 'Centro Focal de Collpani'. The group is made up of eleven members and has a board of directors that is led by Fabiola. The businesses that the members of the group are involved with are varied and include: selling groceries, selling meat, sewing, selling carpets, selling athletic clothing, selling blankets and selling pants.
Fabiola said that she joined a community association a year ago. She has a business selling clothes, in which she has been working for many years. With this loan cycle she will use the money to increase her merchandise by buying more clothes. She buys from the markets and later re-sells the clothing from her business location. This work allows her to support her family; she is married and has six children.
When she was asked what she likes about 'Pro Mujer' [For Women] she said that she likes the consultations and trainings she receives about health.
La A.C. “NUEVA VIDA” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Collpani. Está compuesta por once integrantes y cuentan con una mesa directiva a la cabeza de la misma se encuentra la señora Fabiola. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de abarrotes, venta carnes frías, taller de costura, venta de alfombras, venta de ropa deportiva, venta de mantas, venta de pantalones.
La señora Fabiola, indica que forma parte de una asociación comunal desde hace una año atrás y que en la actualidad ella cuenta con un negocio venta de ropa, que viene trabajando hace años. El crédito de este ciclo es para ampliación de su mercadería (compra de ropa) este producto lo comprará de las ferias paceñas y posteriormente lo comercializará en su puesto de venta. Esta forma de trabajo le permite apoyar a su familia pues ella no es soltera y tiene seis hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud por el consultorio y las capacitaciones.
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.