Las Carmelitas Group
Update on Las Carmelitas GroupNelly is a member of the Las Carmelitas communal bank. She says that she has had her grocery store in her house for a little over 15 years. She personally tends the store, and she sells a bit of everything.
Nelly only went to high school, and she is single. A loan from VisionFund would give her the opportunity to buy sugar, rice, soup, cooking oil, beans, candy, soft drinks, toilet paper, and a variety of canned good to stock her business.
She says that the challenge she faces is during the dead time (when the harvest is over and the sugar refineries stop work). This is because people have less money and little is sold. However, this does not discourage her because, like all businesses, they are highs and lows.
The thing she likes the most about her business is dealing with the people, and she has made good friends. She will invest her earnings in the purchase of more supplies and in having a better quality of life.
The other members of the group are:
Genaro-Mechanic shop services
Dominga –Sells snacks
Maria Guadalupe-Beauty parlor
Maria Isabel-Sells shoes
Nelly solo estudio la preparatoria y es soltera, un credito de VisionFund le dara la oportunidad de comprar, azucar, arroz,sopa, aceite, frijol, dulces, refrescos, papel higenico y variedad de productos enlatados para resultar su negocio.
Ella dice que el reto que enfrenta en tiempo muerto (cuando la zafra termina y los ingenios dejan de trabajar) porque la gente tiene menos dinero y se vende poco pero ella no se deanima ya que como todo negocio hay altas y bajas.
Lo que mas le gusta de su negocio es tratar con la gente y han hecho buenos amigos.
sus ganancias las invertiran en la compra de mas insumos y en tener una mejor calidad de vida
los demas integrantes del grupo son:
Isabel-venta de antojitos
Flora-venta de antojitos
Genaro-servicio de taller mecanico
Dominga denta de antojitos
Ana-venta de antojitos
Natalia-Venta de calzado
Maria Isabel-Venta de zapatos
Previous Loan DetailsThe Carmelitas is a group formed by nine people each of them working in a different business activity to obtain extra income and give their families a better quality of life, this group is located in an area close to the sugar cane plantation, where a large sugar cane producer is located called “... More from Las Carmelitas Group's previous loan »
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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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