Virgen De Fátima Group
The group organized thanks to Mrs. María Pabla L. who approached the consultant during a loan renewal meeting she was having in the area to ask about the Enterprising Women Committee’s Program. She became very encouraged and anxious to be able to work with this program and they are now very happy being part of the Enterprising Women Committee’s Program’s 6th cycle.
The members of the group will use the funds for a variety of different purposes.
One of the members, María, sells beverages and prepared meals in her home. Her daughter helps her with this work because she needs a lot of help with the labor involved in preparing the meals and taking care of customers.
María tells us that she is very satisfied with her committee and wants to continue working toward the common good of all of them.
She is asking for funds to buy vegetables, meats, flours, cooking oil, food condiments and beverages.
Este grupo se formó gracias a que la Sra. María Pabla L. quien se acercó a la asesora en una reunión de renovación de crédito que la misma tenía en la zona para averiguar acerca del Programa del Comité de Mujeres Emprendedoras, la misma quedó muy entusiasmada y muy ansiosa de poder trabajar con este programa y ahora ya se encuentran trabajando muy contentas en el 6° ciclo del Programa de Comité de Mujeres Emprendedoras.
Las integrantes de este grupo destinan su crédito a diferentes actividades.
Una de las integrantes es la señora Maria quien se dedica a la venta de bebidas y comidas en su casa.
Esta actividad lo realiza con su hija ya que requiere de mucha mano de obra para elaboración de comidas y la atención de los clientes.
La señora Maria comenta que se encuentra muy satisfecha con su comité y que desea seguir trabajando por el bien común de todas.
Solicta el préstamo para la compra de verduras, carnes, harinas, aceites, condimentos para comidas, bebidas.
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