Mujeres Unidas Group
One of the women in the group is Ms. Alicia, who sells gold and silver jewelry, as well as perfumes and undergarments. She visits her customers’ homes to offer her merchandise. She also markets her products to commercial businesses and jewelry stores. Her work is difficult, as she has to walk long distances in order to sell her jewelry. However, she is glad for the income she can generate because it allows her to help support her family financially. The loan she paid off was used to buy jewelry and perfumes to sell.
Una de las señoras que trabaja dentro del grupo es Doña Alicia quien vende joyas de plata y oro, también vende premfumes y lencerias. Ella recorre las casas de sus clientes para ofrecer sus mercaderias.
Tambien ofreces en negocios comerciales y joyerias, su trabajo es sacrificado ya que tiene que caminar mucho para vender sus producto pero ella esta muy satisfecha con la ganancia que obtiene por que mediante ella puede ayudar económicamente a su familia.
El crédito que ella retiró lo utilizó en la compra de joyas de plata y perfumes para vender.
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