16 De Abril Group
Constancia says that this is her first time being part of an association. For some years now she has had a business selling crafts, a trade that she learned from her brother-in-law. The loan this cycle is to increase her merchandise by purchasing wool in the city of El Alto and later selling it in her stall. This form of work allows her to support her family - she is single and has 7 children.
She asked what she likes about Pro Mujer, she says that she likes the meetings.
La señora Constancia, indica que es la primera ves que conforma una asociación y que en la actualidad ella cuenta con un negocio de venta de artesanías que viene trabajando hace años, aprendiendo el mismo de su cuñado. El crédito de este ciclo es para ampliación de su mercadería (compra de lana) que adquiere de la ciudad de El Alto y posteriormente lo comercializará en su puesto fijo. Esta forma de trabajo le permite apoyar a su familia pues ella es soltera y tiene siete hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las reuniones.
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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