Cochapamba (Cuenca) Group
One of the members of this group is Tania. She is taking out her second loan alongside her friends and partners from the loan group Cochapamba. She enjoys her loan group because her friends give her advice and guide her in her life.
Tania is 22 years old. She is a single mother of a 3-year-old daughter. She lives in her parents' house and shares the household expenses.
Tania spends her time at home caring for her daughter, but when she goes out, she does farm work like raising chickens, pigs, and guinea pigs, which she sells in the city. She also works in agriculture.
She is going to invest the money from her loan in the purchase of chickens, guinea pigs, animal feed, and seeds. Her goal is to have her own stall in the market to sell her products.
Una de las socias de este grupo es la Señora. Tania, está realizando su segundo crédito a lado de sus amigas y compañeras del grupo de crédito Cochapamba, le gusta su grupo de cerdito porque sus amigas le aconsejan y le guían en su vida.
La Señora. Tania tiene 22 años de edad, es madre soltera de una niña de 3 años, vive en casa de sus padres y comparte los gastos del hogar.
Doña Tania pasa en casa al cuidado de su hija pero para salir adelante se dedica a las tareas del campo como es la crianza de pollos, cerdos y cuyes a los que los vende en la ciudad, también se dedica a la agricultura.
El dinero de su crédito va a invertir para la compra pollos, cuyes, alimento para animales y semillas. Su meta es de tener un puesto propio en el mercado para vender sus productos.
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