Santa Lucia Group
They are hardworking women, many of them the heads of their families. They are very grateful to the Fundación Paraguaya because, thanks to the loan and the constant training that they receive from this institution, they have learned to save money and are able to grow their business. This helps them achieve a better quality of life for themselves and their families.
The members have already finished their 16th cycle; they've been around for about 5 or 6 years.
The production and sale of chips is a common activity among many of the families in the Caacupé zone. Victoria makes and sells chips. This is an activity that she has practiced with her family since she was very young and it's currently the activity that maintains her family and husband, who also helps in the business.
She's requesting this loan to buy starch, grease, cheese, and other ingredients that she uses to make chips.
Son mujeres muy trabajadoras, muchas de ellas cabezas de familia.
Las Señoras están muy agradecidas a la Fundación Paraguaya, porque gracias al crédito y a las constantes capacitaciones que reciben de la institución, aprendieron a ahorrar, pueden hacer crecer su negocio, y logran así mejorar su calidad de vida, y la de su familia.
Las integrantes ya culminaron hoy su ciclo número 16, poseen una antigüedad de 5 a 6 años aproximadamente.
La elaboración y venta de chipas es otras de las actividades muy comunes de muchas familias de la zona de Caacupé, así la señora la Victorina se dedica también a la fabricación y venta de chipas.
Esta es una actividad que ella practicaba con su familia desde muy joven y actualmente es la actividad que mantiene a su familia ya su marido y también la ayuda para esta actividad.
Ella solicita el préstamo para la compra de almidón, grasa, queso, y otros ingredientes que utiliza para la elaboración de chipas.
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