Teko Pora Group
Mrs. Úrsula A. Morel sells sweets. She used the funds to buy raw materials like: sugar and fruits (oranges, peaches and strawberries) to make the sweets managing thereby to have a greater variety of sweets available for her customers. She makes the sweets according to prior orders from her customers which, for the most part, are businesses.
She comments that through this activity she is able to cover family expenses and she feels very satisfied to be able to do so.
Y actualmente se encuentra trabajando cada una en sus actividades muy contentas dentro del grupo.
La Sra. Úrsula A. Morel se dedica a la venta de dulces, invirtió el dinero en la compra de materia prima como azúcar frutas (naranjas, duraznos, frutillas) para la elaboración de dulces, logrando obtener mayor variedad de dulces para ofrecer a sus clientes.
Ella prepara los dulces de acuerdo a los pedidos que recibe de sus clientes que en su mayoría son negocios.
Comenta que mediante esta actividad puede ayudar para cubrir los gasto de la familia y por ello se siente muy satisfecha.
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