Prosperidad (Cuenca) Group
One of the members of this group is Señora Catalina. She is 23 years old, lives in a common-law marriage, and has one two-year-old daughter. Her husband works in the construction field. They own the house they live in.
Catalina earns her living selling fruit, an activity she has carried out since she was practically a child, since her mother brought her into this work. She works from Sunday to Sunday without a fixed schedule. She is also studying in a university of the city; she is in the third year of the economics program. The money from her loan is to pay for her education and to buy fruits for her business. Her goal is to finish her education and be a professional.
Una de las socias de este grupo es la Señora. Catalina, tiene 23 años de edad, vive en unión libre y ha concebido una niña de 2 años, su esposo labora en la rama de la albañilería, la casa en la que vive es propia.
Doña Catalina se dedica a la venta de frutas actividad que la desempeña desde que era casi una niña ya que su madre le inculco este trabajo, trabaja de domingo a domingo sin un horario fijo, también está estudiando en una universidad de la ciudad está en su tercer año de economía. El dinero de su crédito es para pagar sus estudios y comprar frutas para su negocio. Su meta es de terminan sus estudios y ser profesional.
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