They are very hard-workers who have never before had any type of help from a loan. All of the members are very active women. They invested their loans in their respective activities.
Isabel is currently a domestic employee. She wants to get into a business with which she is able to get income and stay in her house. Her idea is to make food and sell it to her neighbors. She will make sweets, pastries, empanadas, and other food.
She is requesting the loan to buy ingredients like meat, vegetables, sweets for fillings, and condiments, to start her activity.
Todas las integrantes son señoras muy activas, quienes han invertido sus préstamos en sus respectivas actividades.
Una de las señoras, es Doña Isabel quien actualmente es empleada doméstica, y quiere incursionar en un negocio con que puede obtener ingreso y quedarse en su casa, su idea es la de elaborar comestibles y vender a sus vecinos, preparar dulces, masas, empanadas y otros comestibles.
Ella solicita el préstamo para la compra de ingredientes como carne, verduras, dulce para rellenos, condimentos, y otros de manera a comenzar con su actividad.
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