Mujeres Unidas 4 Group
The group is called "Mujeres Unidas 4" (United Women 4). They are on their 10th loan cycle and have 17 members. This is a very united group that is known in the neighborhood for the work they do together and also for the seriousness with which they take their responsibilities in the group.
Each one of the members is taking out a loan to invest in her business to start, improve, or increase the quantity and variety of merchandise that she has. Señora Virginia, the president of the group, took out her loan to buy a large quantity of spices in bulk so she could divide them and package them in small quantities. She works in this way, selling small quanities of spices to different businesses. In this way, she obtains a good income for her family.
El comité se Denomina “Mujeres Unidas 4” están en el Decimo Primer Ciclo con 17 integrantes, es un grupo muy unido que se destaca en el barrio por la forma de trabajo en conjunto y también por seriedad con toman las responsabilidades que tiene el comité.
Cada una de las integrantes retiraron su crédito para invertir en sus negocios para comenzar, mejorar, o aumentar la cantidad y variedad de mercaderías con cuentan, así la Sra. Virginia presidenta del grupo retiro su crédito para la compra de especias en gran cantidad a granel, para volver a envasar o fraccionar en pequeñas cantidades.
Ella trabaja de esta forma vendiendo a varios negocios especias fraccionadas en pequeñas cantidades.
De esta forma trabaja y obtiene un buen ingreso para su familia
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