Rosas Lindas Group
They say they need capital in order to buy raw materials; they are certain their sales will increase so that they will be able to make more money and profits for their families.
Afirman que necesitan mayor capital para la compra de materia prima, están seguras que sus ventas aumentaran, de este modo obtendrán mayores ganancias y beneficios para sus familias.
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