Mujeres Talentosas Group
Mrs. María D., for example, buys and sells clothes in her neighborhood and adjacent areas to provide income for her family so that they can live properly.
All the members double their efforts in an attempt to improve their income and offer their children the possibility of accessing a good academic preparation and thus good employment options.
La sra. María D. por ejemplo compra y vende ropas dentro de su barrio y alrededores para poder provver un ingreso económico a su familia de modo que vivan dignamente.
Todas las integrantes redoblan esfuerzos tratando de mejorar sus ingresos y así poder ofrecer a sus hijos la posibilidad de acceder a una buena preparación académica y por consiguiente una buena opción laboral.
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