Mujeres Trabajadoras Group
Sra. Teresa is married and has three children. She has managed a food pantry out of her home for two years. Her goal is to stock her business with all types of basic necessities for her customers who frequent her business. She is requesting a loan so that she can accomplish this goal.
La sra. Teresa es la presidenta del comité, está casada, tiene 3 hijos y posee una despensa en su casa desde hace dos años, su meta es poder equipar su despensa con todos los productos de primera necesidad para que sus clientes frecuenten su negocio, por ello solicita el crédito, para poder realizarlo.
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