Solidarity Group

What is a Solidarity Group?

This methodology provides access to credit to people without personal guarantees through the formation of a group that mutually guarantee each other.

Who can join?

The group must be composed of a minimum of 3 and a maximum of 6 people, who have family or friendship relationships but each one must have an independent business. In the group there must be a spirit of collaboration, organization, friendship, and above all, solidarity.

Requirements

  • Copy of Identity Card of client and his/her spouse.
  • Copy of payment receipt for water, light or telephone services. It must be recent.
  • Rough sketch of home’s location.
  • A form that describes the planned investment of the credit.