The "Domingo D. Ramos" group is maD. up of 12 members of which two are related: Juana is Paola Lorena's mother. The group is represented by Roxana Vanesa. The member are merchants in the "Vibora Negra" market and neighbours in San José. They sell products such as clothing and food; some of them are in public transportation when the market is quiet so that they can earn extra money to support their families. The loan will be used exclusively to expand their businesses by buying goods and foodstuffs as well as in repairing their display stalls. This is the group's third cycle. They have demonstrated their responsibility in previous repayments. As always happens, some ex-members did not repay their portion on time and they were ejected from the group so as not to prejudice this new cycle.
El grupo "Domingo D. Ramos" esta conformado por doce socios en el cual existe solamente un parentesco consanguíneo siendo madre la señora Juana D. la señora Paola Lorena, el grupo esta representado por la señora Roxana Vanesa. Los socios (as) D. este grupo son comerciantes D. la feria la víbora negra y vecinos del barrio san José por lo que se dedican al comercio D. productos como la ropa y la comida, alguno D. los socios se dedica al transporte publico en los días donD. no existe una demanda alta en el mercado obteniendo así ingresos extras para el sustento D. la familia. El crédito D. los socios esta destinado exclusivamente al crecimiento sus comercios en materiales e insumos así como para la reparación D. sus puestos D. venta. Este grupo se encuentra en el tercer ciclo demostrando responsabilidad en sus pagos, como siempre pasa algunos socios no cumplieron con los pagos a su debido tiempo y fueron sacados del grupo para no perjudicar en este nuevo ciclo.
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.