San Cayetano Group
This group of women meets in the city of Paraguarí to discuss their Women's Entrepreneur Group and they all seem very interested in the benefits provided by the program. The group is named San Cayetano because he is the patron saint of their community. The group is currently in its sixth loan cycle. All the members are very active individuals who want to invest their loan in their respective businesses and goals.
En la ciudad de Paraguarí, coordinaron una reunión un grupo de señoras para comunicar sobre el programa Comité Mujeres Emprendedoras, les parecieron muy interesantes los beneficios brindados por el programa.
El comité lleva por nombre San Cayetano debido a que asi se llama el Santo Patrono de su comunidad, actualmente se encuentran en el sexto ciclo.
Todas las integrantes son personas muy activas, quienes desean invertir sus préstamos en sus respectivas actividades y objetivos.
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