Mujeres En Acción Group
Señora Rosalina sells fruit for a living. She says that her job is a bit burdensome as she has to get up early everyday to buy the fruit that she is going to sell. She says that everything she does is for the well-being of her family and to bring in more income.
She is requesting a loan to buy fruit. This will allow her to increase her stock so that she can have a supply to meet her customer's demands.
LA Sra Rosalina se dedica a la venta de frutas. Ella comenta que es un trabajo un poco pesado, ya que todos los días debe levantarse a tempranas horas para compras las frutas que va a vender. Ella manifiesta que todo lo que hace es por el bien de su familia y por procurar llevar mas ingresos a la casa.
Ella solicita el credito para la compra de frutas, con lo cual podrá aumentar el stock que tiene, para que no quede desabastecida cuando los clientes le demanden.
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