Santa María Group
In addition to their individual work, they also raise funds with the goal of having some capital within the group and they help themselves mutually to achieve their objective of economically supporting their families.
A very moving story is that of Angela: she is in a wheelchair and she dedicates herself to crocheting. She did not have a wheelchair when she first became involved with the foundation and she could not leave her home because of her disability. Thanks to the loan and her colleagues in the committee she was able to acquire her wheelchair and thus greatly improved her business and management. She tells us that with this loan she will be able to improve her family's economy. Currently, her family only has the income from her work as a comedian on a radio show.
Angela mentioned that their activities with field partner Fundacion Paraguaya are very important since they were able to develop their work skills in addition to improving their self-esteem as working mothers.
Además del trabajo independiente de cada una, también reúnen fondos con el fin de contar con un capital dentro del grupo, a la vez se ayudan mutuamente para llegar a los objetivos que son los de trabajar para apoyar económicamente a sus familiares en especial.
Una historia muy conmovedora es la de la Sra. Angela: ella es una señora que está en silla de ruedas y se dedica a hacer crochet. Cuando comenzó con la fundación ella no contaba con la mencionada silla de ruedas y no podía salir por la incapacidad que tenía y gracias al crédito y a sus compañeras del comité pudo adquirirla y así mejoró bastante su actividad y su administración. Ella nos comenta que mediante este crédito podría mejorar la economía de la familia, actualmente poseen además del ingreso de su trabajo, un ingreso como humorista en la radio.
Según la Sra. Angela mencionó, las actividades que realizan con la Fundación Paraguaya son muy importantes ya que pudieron desarrollar sus capacidades de trabajo, 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