Bankito Progresista (Cuenca) Group
One of the members of this group is Gladys. Gladys is a kind and gentle member who is part of the lending group “Bankito Progresista”, a group which was formed by friends who help each other to achieve their goals. At each meeting they discuss various topics of interest.
Gladys is 28 years old, she is single, has no children and lives with her parents in their own house. Gladys work is the preparation and sale of salchipapa (a dish which consists of sliced fried sausages and fries) and she works from Monday through Saturday. She has worked in this business for a year. She will invest the money from the loan in the purchase of supplies for the preparation of her fast food. It is her dream to travel abroad.
The two small photos are of members who could not be present when the picture of the group was taken.
Una de las socias de este grupo es la Señora. Gladys, es una socia amable, gentil que forma parte del grupo de crédito Bankito Progresista, su grupo está conformado por amigas quienes se apoyan para cumplir sus metas, en cada reunión pueden platicar de varios temas de su interés.
La Señora Gladys tiene 28 años de edad, es una mujer soltera, no tiene hijos y vive en casa de sus padres la cual es propia.
Doña Gladys tiene un negocio propio el cual es la preparación y venta de salchipapas, actividad que la realiza de lunes a sábados desde hace un año. El dinero de su crédito va a invertir en la compra de víveres para la preparación de su comida rápida. Su sueño es viajar al extranjero.
Las dos fotos pequeñas son de dos socias que no pudieron estar presentes cuando se tomo la foto del grupo.
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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