Unidas De Saguazu Group
The group is called Unidas de Saguazu ('United Women of Saguazu'), to represent the 17 remarkable women members who invest their loans in their businesses and come together in the spirit of mutual respect for one another. They are currently in their 8th loan cycle with an excellent credit history.
Emiliana needs a loan to buy feed for her pigs. She raises the pigs and later sells them, using the sales profit to meet daily household expenses. She struggles every day to keep her family out of poverty through her hard work.
El comité lleva por nombre Unidas de Saguazu por estar integrada por mujeres que siempre han trabajado unidas para todas las actividades, manteniéndose juntas bajo un marco de respeto mutuo entre todas, actualmente se encuentran en el 8vo ciclo con calificación excelente, integrada por 17 mujeres valientes quienes invierten sus créditos en sus actividades diarias.
La Sra. Emiliana necesita de este préstamo para la compra de alimentos de sus cerdos, ya que esto le permitirá comercializar luego y obtener así un ingreso que le ayude a solventar los gastos diarios. Ella es una mujer que lucha cada día para progresar de entre la pobreza en la que se encuentra.
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