The members of the Communal Bank “Fortalecimiento” have as a representative Veronica who has relatives within the group but this is not a problem as each of the families is economically independent. The members have different commercial business and services, such as selling cosmetics, groceries, food, beauty salon, sewing, and public transportation. As with all business there exists competition and customer demand. The loan will be used to increase merchandise and buy tools and supplies needed for their work. The members say that they have worked with support groups, a majority of the members have worked in agrocapital groups and they know how these community groups function.
LAS SOCIAS DEL BANCO COMUNAL "FORTALECIMIENTO" TIENEN COMO REPRESENTANTE A LA SEÑORA VERÓNICA QUIEN TIENE PARIENTES DENTRO DEL GRUPO PERO ESO NO REPRESENTA PROBLEMAS EN LOS PAGOS DEBIDO A LA INDEPENDENCIA ECONÓMICA D. CADA UNA D. LAS FAMILIAS. LAS SOCIAS DESARROLLAN DIFERENTES ACTIVIDADES COMERCIALES Y D. SERVICIO. COMO SER PROMOTORAS D. COSMÉTICOS, VENTA D. ABARROTES, D. MASITAS Y VENTA D. COMIDA, TAMBIÉN SE DEDICA A LA PELUQUERÍA, COSTURERA Y TRANSPORTE PUBLICO EN LO QUE RESPECTA A LOS SOCIOS PARTICIPANTES. COMO EN TODO RUBRO COMERCIAL SIEMPRE EXISTE LA COMPETENCIA D. LA OFERTA Y LA DEMANDA. EL CRÉDITO FINANCIADO ESTA DESTINADO PARA INCREMENTAR SU MERCADERÍA Y A LA COMPRA D. HERRAMIENTAS D. TRABAJO. LAS SOCIAS COMENTAN QUE YA TRABAJARON CON GRUPOS SOLIDARIOS, UNA MAYORÍA D. LAS SOCIAS YA TRABAJARON CON AGROCAPITAL EN OTROS GRUPOS POR QUE SABEN LA MODALIDAD D. TRABAJO QUE SE MANEJA EN LA FUNDACIÓN.
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.