Mujeres Inteligentes Group
Ms. María Dominguez is one of the members. She sells food and has a business in a good location and there is plenty of demand because of the quality of her items. Each day she arises early every morning to work on her food, with her husband’s help. At dawn she travels to the places where she sells her products; places such as bus stops, markets, and others.
She would like to increase her earnings so that she can have her own location with a greater variety of food, such as drinks and desserts.
She will use the money from this loan to buy supplies, such as meats, vegetables, cooking oils, flour, rice, condiments, etc.
La señora María Dominguez es una de las integrantes y se dedica a la venta de comestibles, tiene su negocio con buena ubicación y bastante demanda, debido a la calidad de sus preparados, su forma de trabajo es la de levantarse muy temprano diariamente para trabajar por sus comestibles con la ayuda de su marido.
Y al amanecer ella se traslada hasta los lugares donde vende sus productos como en las paradas de buses, mercado y otros.
Ella desea incrementar sus ingresos para tener su local propio con más variedad de comidas, así como postres y bebidas.
Invirtirá el dinero en la compra de insumos como carnes, verduras, aceites, arina, arróz, condimentos, etc..
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