Mujeres Laboriosas Group
Lilian C. is one of the members of the group and she sells charcoal most of the time, and she sells ice-cream on her spare time.
She doesn't have any children and her husband is a baker.
She would like to have a loan to purchase charcoal in wholesale quantities in order to improve her profits when the income is calculated after resale.
The group is very thankful because if it weren't for Kiva's financial support they would not be able to achieve their goals.
La Señora Lilian C. es una de las integrantes del comité, ella se dedica a la venta de carbón principalmente, y helados en sus tiempos libres.
Ella no tiene hijos y su marido se dedica a la panadería.
Ella desea poder obtener el crédito para comprar carbón en cantidad de mayorista, pues así le quedarán mayores ganancias a la hora de contabilizar los ingresos económicos luego de la reventa.
El comité se encuentra muy agradecido desde ya, pues sin la ayuda financiera de Kiva no podrían lograrlo.
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