Mujeres Emprendedoras Con Esperanza Group
The group is currently in its fourteenth loan cycle with the program. One of the members is Sra. Miguela R. who sells fruits and vegetables at the Luque Market where she has a vending stall. Sra. Miguela’s work requires a great deal of sacrifice because she has to wake up early in order to arrive at her vending stall and begin selling her products.
She is requesting a loan to buy fruits and vegetables (oranges, potatoes, tomatoes, onions, apples, and other products).
Actualmente el grupo se encuentra en el décimo cuarto ciclo del programa y entre las integrantes se encuentra la señora Miguela R. quien se dedica a la venta de frutas y verduras en el mercado de Luque donde posee un puesto de venta. La forma de trabajo de la señora Miguela es muy sacrificada ya que se levanta muy temprano para llegar a su puesto de venta y comenzar a vender sus productos.
Solicita el préstamo para la compra de frutas y verduras (naranjas, papas, tomate, cebollas, manzanas y otros).
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