They undertake activities in such a way that they can carry out all the responsibilities that they take on as an organization. For example, the supportive help for those on the committee who go through hard times.
Each of the members manages a productive activity that generates income. Mrs. Celsa sells general beverages in a locale she has in her home. Her husband attends to the business and she enjoys the good profit this activity leaves her. That is why she wants to buy in greater quatities, and she is asking for the loan for that purpose.
All of the members of the committee thank the Fundación Paraguaya and the Kiva organization for the credit help that they offer.
Realizan actividades de tal forma a cumplir con todas las responsabilidades que toman como organización como por ejemplo para la ayuda solidaria a quienes atraviesan por dificultades dentro del comité.
Cada una de las integrantes maneja una actividad productiva que genere ingreso, así como la señora Celsa quien se dedica a a la venta de bebidas en general en local que posee en su domicilio. La atención del negocio lo realiza su marido y aprovecha la buena ganancia que deja este rubro por ello desea comprar en gran cantidad, y solicita el crédito para este fin.
Todas las integrantes del comité agradecen a la Fundación Paraguaya y la organización de Kiva por la ayuda crediticia que ellos brindan.
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