Amigas Unidas Group
One of the members is Mrs. Elva, who sells clothes and herbal medicines out of a room in her home. She also offers her services by visiting her customers' businesses. In this manner, she is able to sell her products and earn an income for her family to cover some expenses that are necessary in the daily life of the family, such as basic nutrition. She is requesting the loan to purchase clothing and herbal medicines.
Una de las integrantes es la señora Elva quien se dedica a la venta de ropas y remedios yuyos. Lo realiza en un salón de su casa y también ofrece sus productos de manera ambulante, recorriendo los negocios de sus clientes.
De esta forma, ella vende sus productos y así obtiene los ingresos para sus familias y de esta forma cubre algunos gastos que necesariamente se realiza todos los días en la familia, como sin la alimentación.
Solicita el préstamo para la compra de ropas y remedios yuyos.
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