Maria Auxiliadora Group
They have been through difficult trials since many of the members, on occasion, do not meet their responsibilities.
One of the members is Maria, who buys and sells drinks in a bar that she has in her home.
With this activity, she obtains good income and is thinking of preparing and restocking a large quantity of varied merchandise for the end of the year.
So, she is seeking the loan through the group made up of her and her friends.
She comments that she feels very proud to be part of the group since, beyond the loan, they encourage unity, help and solidarity among each other, and help each other in personal issues as well.
Han pasado por una prueba muy difíciles ya muchas socias en ocasiones no cumplen con las responsabilidades que cada una tiene.
Una de las integrantes es las señora Maria quien se dedica a la compra y venta de bebidas en una cantina que tiene en su casa.
Con esta actividad ella obtiene buenos ingresos y piensa preparan y recargar con una buena cantidad y variedad de mercaderias para fin de años.
Para ello solicita el prestamo mediate el comité que conforma ella y sus amigas.
Comenta que se siente muy orgullosa de formar parte del grupo ya que además del préstamo, ellas fomentan la unios y la ayuda solidarias entre todas, y las ayuda mucho para en lo personal.
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