Madres Emprendedoras Group
The meetings take place at the home of Mrs. Virginia L., a very active and hard working woman. All the women in the group continue to get ahead through hard work, each having her job to allow her to take care of her children and of herself.
Mrs. Virginia is requesting the loan for the purchase of T-shirts, pants, jackets, sweatshirts, and shirts.
Las reuniones se realizan en el domicilio de la Señora Virginia L. una señora muy activa, trabajadora y todas las del grupo también todas son mujeres que sigen adelante con su esfuerzo y tener cada una su puesto de trabajo para poder sobrellevar a sus hijos y a ellas mismas.
La señora Virginia solicita el préstamo para la compra de remeras, pantalones, camperas, buzos, camisas.
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