Las Damas De San Blas Group
The members of the group "Las Damas de San Blas" are hard-working people. They are very grateful to the Paraguaya Foundation for the good credit terms that have given them access to a Kiva loan to invest in their businesses, and in other cases begin business.
The president, Mrs. Catalina E., lives with her husband and children. She sells perfumes.
She, as well as her team members, are constantly active in an effort to increase their common funds.
Catalina is a brave woman who strives to be successful at everything she does and for every goal she sets. She uses the loans to help her meet her goals because she knows that without this support she would not be able to pull herself up out of poverty.
Las integrantes del comité "Las Damas de San Blas", son personas muy trabajadoras, ellas están muy agradecidas con la Fundación Paraguaya porque gracias a las facilidades de las políticas de créditos ellas pudieron acceder a Kiva para solicitar ahora un préstamo de los inversionistas y de ese modo invertir en sus negocios y otras integrantes iniciar una actividad comercial.
La presidenta, la Sra. Catalina E. vive con su marido e hijos, ella se dedica a la venta de perfumes.
Ella junto con sus compañeras realizan constantes actividades para de ese modo poder adelantar el incremento de sus fondos comunes.
Catalina es una mujer valiente que trata de progresar con éxitos en cada emprendimiento y meta que se traza, por eso se anima a pedir créditos que la ayuden a alcanzar sus objetivos, pues sabe que sin ese aporte económico tropezaría en el camino que se decida seguir para lograr superar la pobreza.
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