Mujeres Unidas Al Progreso Group
Mrs. Carmen is the General Director of the committee, and describes herself as a hard-working, responsible and modest woman who has always taken on this kind of responsibility--so this work is not new for her.
The group members sell all types of clothing. They are requesting this loan to increase the variety of their products, in order to be able to obtain garments for every season. This way they will be able to attract more customers, thus increasing their income.
La Sra Carmen es la Directora General del comité, y se define así misma como una mujer luchadora, responsable y humilde, que desde siempre ha asumido responsabilidades de este tipo por lo que esta tarea no le es para nada ajena.
Las miembros se dedican a la venta de ropas de todo tipo, es por eso que solicitan el crédito para el aumento de la variedad de sus productos, para poder así acceder a las prendas de todas las estaciones, para poder de esa manera atraer a mas clientes y de esta manera aumentar sus ingresos.
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