Las Marías Group
Mary sells milk. She has two little cows with which she tries to support her humble family. This is why she needs a loan to buy another cow to increase income and move her family out of poverty.
All of them undertake activities to generate income; they help each other mutually to reach common objectives. They participate actively in weekly meetings and they have an impeccable mutually supportive work.
La misma contactó con la asesora y logró juntar a 17 mujeres quienes se encuentran trabajando muy a gusto ya en el 8° ciclo, en forma conjunta y solidaria.
L sra. Mary se dedica a la venta de leche, posee dos vaquitas y con ellas trata de sustentar a su humilde familia, por ello desea un crédito con el que pueda comprar otra vaca y aumentar sus ingresos y sacar a su familia de la pobreza.
Todas ellas realizan actividades para recaudar fondos, se ayudan mutuamente para llegar a los objetivos en común.
Participan activamente en las reuniones semanales y tienen un trabajo solidario impecable.
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