Mujeres Emprendedoras De Cerrito Group
Thanks to the loan from the Fundación Paraguaya and Kiva they wish to improve themselves more each time. They want to keep advancing by working with dignity.
That is how Nilda A. is. She sells food that she prepares herself. She makes things like empanadas, breaded meat cutlets, Paraguayan soup (corn flour with fat, milk, and cheese), and others. She also makes natural fruit juices like pineapple and orange. She used the loan to buy the ingredients she uses to make her food.
Gracias al crédito concebido por la Fundación Paraguaya y Kiva tienen el deseo de superarse cada vez más, y seguir avanzando más trabajando dignamente.
Así la señora Nilda A. quien se dedica a la venta de alimento que ella misma prepara; como empanadas. Milanesas, sopa paraguaya(harina de maíz con grasa, leche y queso) y otros; también prepara jugos de frutas naturales como de piña, naranja.
Ella utilizó el crédito para la compra de los ingredientes que utiliza para elaborar sus alimentos.
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
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