Cumbe (Cuenca) Group
One of the group members, Ruth, is 29 years old and is a single mother to three children, ages 10, 8 and 4. Her two oldest children are in elementary school, and Ruth and her kids are currently renting a place to live, as they do not own their own home. Ruth works seven days a week on a variable schedule as a household maid in several homes. In her limited free time, she operates a side business raising chickens for resale. Ruth also tends small plots of land to grow crops and food to feed her family.
Ruth plans to use the support from this loan to purchase chickens and feed for her birds in hopes of strengthening her business. Her goal is to one day own her own home.
Una de las socias de este grupo es la Señora. Ruth, tiene 29 años de edad, es madre soltera de 3 hijos de 10, 8 y 4 años, sus dos primeros hijos estudian en una escuelita de la localidad, no tiene casa propia por lo que vive arrendando.
Doña Ruth trabaja de domingo a domingo y sin un horario fijo como empleada domestica, actividad que la realiza en diferentes casas, en el tiempo que le queda libre se dedica a la crianza de pollos a los mismos que los vende vivos o pelados. También cultiva sus terrenos y lo que cosecha es para el consumo de su hogar.
Su nuevo crédito lo va a invertir en la compra de pollos y en el alimento para animales.
Su meta es tener su casa propia.
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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