The committee is named “Lucerito” and started its fifth loan cycle with 17 members. This group stands out in the neighborhood for being close-knit, supportive, and responsible. The members possess a great entrepreneurial spirit and already work to collect money for the committee fund.
One of these enterprising women is Ramona A., who sells seasonal fruit grown by her neighbors and members of the committee. She displays her products at a stand in front of her house. Ramona works and constantly helps with the household expenses (daily meals). The loan she is requesting will be used to buy fruits such as oranges, tangerines, bananas, and pineapples.
El comité se denomina Lucerito están en el Quinto Ciclo con 17 integrantes, es un grupo que se destaca en el barrio por ser muy unidas, solidarias y responsables entre ellas, las mismas peseen un gran espíritu emprendedor, ya que realizan labores para la recaudación de un fondo para el comité.
Una de las señoras muy emprendedoras es la Romana A. quien se dedica a la venta de frutas de época, las frutas de sus vecinas y socias del comité y los expone frente a su casa en un puesto que ella misma hizo, así la señora trabaja y ayuda constantemente a su familia especialmente con los gastos de la casa (alimentación diaria). El solicitado fue para la compra de frutas como naranja, mandarinas, banana y piñas.
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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