Mujeres Activas De Candia Loma Group
The group president, Ms. Petrona G., lives with her husband and children. She owns a small in-home general store. Also, thanks to Fundación Paraguaya's microfinance program, she has been able to obtain non-prescription reading glasses so that she can resell them, thus generating more income for the household expenses.
These women are all very grateful to Fundación Paraguaya because thanks to their previous loans and to the constant training sessions, they are able to generate their own income and help provide a better quality of life for their families.
Ms. Petrona wishes to obtain this loan to purchase winter clothing to sell to her demanding customers, thus generating more money for the household.
La presidenta, la Sra. Petrona G. vive con su marido e hijos, posee una pequeña despensa en su domicilio, también gracias a el programa de microfranquicias de la Fundacion Paraguaya pudo acceder al kit de anteojos sin receta para la reventa y así generar más ingresos para el sustento de su hogar.
Todas ellas están muy agradecidas con la Fundación Paraguaya porque gracias al crédito que percibieron en etapas anteriores y a las constantes capacitaciones pueden generar sus propios ingresos y así ayudar y dar mejor calidad de vida a sus familiares.
La sra. Petrona desea poder adquirir este crédito para poder comprar ropas de invierno y vender a sus exigentes clientes, generando mayores ingresos para su canasta familiar.
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