Nancy has belonged to a communal bank for five years and currently has a fruit selling business that she has worked at for years, learning the trade from her mother. The loan from this cycle is to expand her merchandise (by buying more fruit). She will acquire these products at community fairs and subsequently sell them in her retail space. This kind of work enables her to support her family for she lives in a common law marriage and has four children.
When asked what she likes about Pro Mujer, she replies that she enjoys the training workshops.
La señora Nancy, indica que forma parte de una asociación comunal desde hace cinco años atrás y que en la actualidad ella cuenta con un negocio de venta de fruta, que viene trabajando hace años, aprendiendo el mismo de su mamá. El crédito de este ciclo es para ampliación de su mercadería (compra de fruta) estos productos los adquirirá de las ferias comunales y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite apoyar a su familia pues ella vive en unión libre y tiene cuatro hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta 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.
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