The communal bank "Jade" has already completed 5 loan cycles. They are a group of very good and hardworking women. Sintia, 30, is the mother of 3 children, and she is a hair stylist. She studied this trade for about a year, and now the knowledge that she obtained is reflected in her business. This loan will help her to grow and to invest in products such as: hair dyes, creams, rinses, makeup, equipment, etc. Sintia's greatest goal is to provide her children with a good education. In addition, over the short term, she wants to better equip the salon that she has in her house.
Jade es un grupo solidario, ya tienen 5 ciclos con el crédito y son mujeres muy buenas y trabajadoras. Sintia a sus 30 años de edad, es madre de 3 niños, y es estilista; estudio cerca de 1 año y ahora quiere ver reflejado en su negocio los conocimientos que adquirió. El crédito la ayudara a crecer e invertir en productos como: tintes para cabello, cremas, enjuagues, maquillajes, aparatos, etc. Una gran meta para Sintia es poder darles un buen estudio a sus hijos, ademas de que a corto plazo quiere adecuar mejor la estética en su casa.
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.