Las Asucenas Group
The women are very satisfied with the loans they have obtained and have used them to follow up on various projects such as making improvements to their houses or to their businesses.
Sra. Delia Elizabeth earns her living by selling food. In the past she only sold one kind of food, but then she obtained a loan and bought ingredients to make other dishes. Now she has several different things she can sell to her customers such as meat, chicken, ham, and cheese empanadas, croquettes, breaded meat, hot dogs, sausages etc.
Actualmente las integrantes de este comité se encuentran trabajando apara el progreso de individual y también grupal.
Todas se encuentran satisfechas por los créditos obtenidos ya que pueden concretar con sus proyectos mediante mejoras en sus casa o sus actividades.
Así la Sra. Delia Elizabeth quien se dedica a la venta de comestible, anteriormente solo vendía una clase de comestibles y luego de invirtió el préstamo en la compra de ingredientes para la elaboración de los comestibles, actualmente cuanta con varios tipos que puede ofrecer a sus clientes como las empanadas de carne, pollo, jamón y queso, croquetas, milanesas, panchos, chorizos y otros.
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