Mujeres Generosas Group
The committee is called "Mujeres Generosas" ["Generous Women"], and they are in their fourth loan cycle, with 18 members. It is a group that is noteworthy in their neighborhood for being very united and responsible, with a strong sense of solidarity. The members possess a great entrepreneurial spirit; they are up-tp-date with their payments; they carry out activities to raise funds; and they intend to finish this phase with outstanding fulfillment of their responsibilities to the institution.
Like Maria, all of them are requesting the loan to invest in their enterprises.
Maria's work is selling clothing. She enjoys this activity very much, since the merchandise she brings from the border is very cheap, and thus she obtains a good profit from it. She sells her merchandise from her home, and she does it both for cash and credit, depending on the customers.
She is requesting the loan to buy t-shirts, blouses, dresses, shorts, and other items.
El comité se denomina Mujeres Generosas, están en el Cuarto Ciclo, con 18 integrantes. Es un grupo que se destaca en el barrio por ser muy unido, solidario y responsable, las integrantes poseen un gran espíritu emprendedor, ya que están al día con las cuotas, realizan actividades para recaudar fondos y pretenden terminar esta etapa con muy buen cumplimiento de responsabilidad con la institución.
Así como la señora Maria todas solicitaron el préstamo para invertir en sus emprendimientos.
La señora Maria se dedica a la venta de ropas, esta actividad le conviene mucho por que las mercaderías son muy baratas que ella trae de la frontera por lo tanto tiene buena ganancia con la misma.
Ella vende sus mercaderías en su casa, y lo hace al contado y a crédito, dependiendo de los clientes.
Ella solicita el préstamo para la compra de remeras, blusas, vestidos, shorts, 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