Santa Rosa Group
Aside from their individual work, they also work together to raise funds for the group.
One moving story is that Luciana B., who sells crafts, tells us that the loan and advice she’s been getting all these years from Fundacion Paraguaya, allowed her to greatly improve her business and its management.
She has a number of looms in her home, where she also has a large number of weaved items at good prices. This business helped her household financial situation improve greatly.
The activities with Fundación Paraguaya are very important for the members of the group, because they were able to develop their training as a team. It also raised their self esteem as working mothers.
Además del trabajo independiente de cada una, también hacen trabajos en forma conjunta con el fin de contar con un capital dentro del grupo.
Una historia muy conmovedora es la de la Sra. Luciana B., quien se dedica a la artesanía, nos comenta que mediante el crédito y la asesoría recibida de Fundacion Paraguaya durante todos estos años, pudo mejorar bastante su actividad y su administración.
Ella posee varios telares en su domicilio, donde cuenta con gran variedad de productos y tejidos con precios muy accesibles, mediante este negocio la economía de la familia mejoró bastante.
Las actividades que realizan con la Fundación Paraguaya son muy importantes para las miembros de este grupo ya que pudieron desarrollar sus capacidades de trabajo en equipo, además de levantar su autoestima como madres trabajadoras.
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