La Vida Plena (Paute) Group
One of the members of this group is María Verónica, 20. She’s a single mother of an 11-month old daughter. She does not own a house; she lives with her sister in their grandmother’s house. For the moment, María Verónica is caring for her daughter but since she spends most of her time at home she raises guinea pigs and pigs to sell in her community.
She’s in her second loan with the communal bank and she will use it to buy guinea pigs, pigs and animal feed to continue growing in this business. Her dream is to continue with her university studies and become a great professional.
Una de las socias de este grupo es la Señorita. María Verónica, tiene 20 años, es madre soltera de una niña de 11 meses de edad. No tiene casa propia por lo que vive con su hermana en casa de su abuelita.
La Señorita. María Verónica se dedica por el momento al cuidado de su hija y cómo pasa la mayor de su tiempo en casa cría cuyes y cerdos a los que los vende en su comunidad.
Se encuentra en su segundo crédito que realiza en el banco comunal y lo va a invertir en la compra cuyes, cerdos y en su alimento de animales para seguir creciendo en este negocio.
Su sueño es seguir sus estudios Universitarios y llegar a ser una gran profesional.
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