Buscando El Exito (Cuenca) Group
One of the members is 56-year old Sra. Blanca. She is divorced but has five children from her marriage, four of whom are married and live independently, while the the fifth is single and is a student at a local college. The house where she lives is her own.
Sra. Blanca has earned her living for seven years selling food half days from Monday to Friday. The rest of the time she cleans houses. The income from these two jobs has allowed her to improve the financial stability of her household.
Blanca plans to use the loan money to buy ingredients for the food she sells. Her goal is to grow her business.
Una de las socias de este grupo es la Señora Blanca, tiene 56 años de edad, es divorciada pero en su unión conyugal ha concebido 5 hijos mayores de edad, cuatro de ellos son casados y viven independientes, su hijo soltero estudia en un colegio de la ciudad, la casa en la que vive es propia.
Doña Blanca se dedica desde hace 7 años a la veta de comida, trabaja de lunes a viernes medio día, el resto de su tiempo se dedica a la limpieza de casas, estos trabajos le han permitido mejorar la estabilidad de su hogar.
El dinero de su crédito va a invertir en la compra de víveres para la preparación de sus productos. Su meta es crecer más en su negocio.
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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