The General Director of the group is Mrs. Julia F.. Her husband works on the farm and also helps in the kiosk which is her business.
The loans that she receives from the committee will be invested in purchasing merchandise (beverages such as soda pop, wine, and more) in order to stock her kiosk, which is very important for her and her family, as in this way they can get better prices and quantity. From the earnings that are generated from sales she makes the loan payment to her committee and the rest is important income for the family.
All the women of the group also are actively employed: selling clothes, selling vegetables, selling eggs, selling food, seamstress, etc.
La Directora General es la Sra. Julia F. su marido trabaja en la chacra y también ayuda en el kiosko que es la actividad .
Los créditos que ella recibe dentro del comité lo invierte en la compra de mercaderías (Bebidas como gaseosa, vinos, gaseosas, y otros) para surtir el kiosko , lo cual es muy importante para ella y su familia , ya que de esta manera consiguen mejores precios y cantidad. De las ganancias que le genera la venta ella paga la cuota de su comité y el resto es un ingreso importante para su familia.
Todas las señoras del grupo también realizan actividades productivas como ser : venta de ropas, venta de verduras, venta de huevos, venta de comidas , modista etc.
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