Cristina is their leader. She is a wife and a mother. She dedicates herself to her daily work, and she is determined to serve as the head of the group. No one stops her. As she says, “I sell whatever…I like feeling useful and being an example for my children”.
She is in charge of the school cooperative, and she has pledged to use this loan to restock the store with various merchandise and snacks for the children.
Maria Cristina is convinced that the work and perseverance will allow her to provide herself and her loved ones with a better quality of life.
Ella está encargada de la cooperativa de la escuela y se ha comprometido con este crédito para resurtir la tienda de mercancía variada y snacks para los niños.
Maria Cristina está convencida que el trabajo y la constancia le permiten ofrecer una mejor calidad de vida para los suyos y propio.
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