The "El Quior" group is represented by María Ysabel, and includes relatives--María and Leticia are cousins--but each has their own independent income. The members have different economic activities, including food sales, promotion of various cosmetic brands, groceries, handicrafts, and public transport. As in all fields, there is competition in supply and demand, but the partners know how to succeed. The loan will be used to increase product stocks for their businesses, as well as the purchase of materials and inputs to improve business quality. The majority of the members have worked in financial foundations or organizations befO., and thus have experience with solidarity groups. They analyzed their differences and are now in their second cycle, and they're satisfied with our product.
El grupo "El Quior" esta representado por la señora Maria Ysabel y cuenta con un parentesco familiar entre la señora María y la señora Leticia ellas son primas pero ambas tienen su ingresos totalmente independientes. Las socias del banco comunal se dedican a diferentes actividades económicas como, venta D. comida, promotoras D. diferentes marcas D. cosméticos, venta D. abarrotes, artesanías y al trasporte publico D. pasajeros. Como en todo rubro comercial siempre existe la competencia D. la oferta y la demanda pero los socios (as) saben como salir adelante. El crédito otorgado esta destinado a ampliar el stock D. productos para sus negocios y a la compra D. materiales e insumos para mejorar la calida D. los mismos. La mayoría D. las socias han trabajado con fundaciones o organizaciones financieras por la cual tienen experiencia en grupo solidarios y analizan las diferencias por lo cual ellas se encuentran el segundo ciclo y satisfechas con nuestro producto.
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.