Pilar Poty Group
A very moving story is that of Maria Isabel T., whose work is washing clothes. She says that through the loan, she has been able to improve her business quite a lot, as well as her income and her standard of living.
She reports that with the loan, her life has improved greatly. According to Maria, the work of the Foundation is very important because she never found this kind of opportunity elsewhere, since she is very poor.
She is requesting the loan to buy a washing machine.
Una historia muy conmovedora es la de la Sr. Maria Isabel T. quien se dedica a la lavar ropa, nos comenta que mediante el crédito pudo mejorar bastante su actividad y su nivel de vida e ingreso económico.
Ella nos comenta que mediante el préstamo su vida mejoro bastante.
Según la Sra. Maria mencionó que la actividad que realiza la Fundación es muy importante ya que ella nunca encontró este espacio en otro lado por ser muy pobre.
Solicita el préstamo para la compra de un lavarropas.
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