The women who form the committee stand out for their sacrifice and their desire to make progress. Many of them are single mothers who start their days from very early hours bringing their products to the city of Asunción, capital of Paraguay, to be sold.
Marciana sells second hand clothes. She comments that she has many sales, especially during the cold season that’s approaching because people ask for coats a lot. She considers herself to be very hard working and tenacious, always working, and through this work she realizes that she can get ahead with her family.
She asks for the loan to buy winter clothes to meet customer demand. She is very hopeful with the loan because it will be of great help to her.
Las señoras integrantes del comité se destacan por el sacrificio y las ganas de progresar, muchas de ellas madres solteras que inician su día a día desde muy tempranas horas trayendo sus productos a la ciudad de Asunción; capital del Paraguay, para la venta.
La Sra. Marciana se dedica a la venta de ropas de segunda mano. Comenta que tiene muchas ventas, en especial en esta época de frío que se viene, ya que las personas demandan mucho los abrigos. Ella se considera una mujer muy trabajadora y luchadora, siempre trabajo, y por medio de ese trabajo que realiza puede salir adelante con su familia.
Ella solicita el crédito para la compra de ropas de invierno para poder cumplir de esa forma con la demanda de sus clientes. Esta muy esperanzada en el crédito ya que le será de mucha ayuda.
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