Mujeres Honestas Y Trabajadoras Group
The president of the group is Mrs. Ramona who lives with her husband and children. She runs a canteen with high volume sales and earns a good income. She wishes to continue working to increase her income further.
She is requesting a loan to buy sweets such as cookies, lollipops, chewing gum, juices, sodas and other items to have in stock to meet customer demand. She and her colleagues are very grateful for the economic support they receive through the Fundación Paraguaya and Kiva.
La presidenta del comité es la señora Ramona, vive con su marido y sus hijos, ella trabaja en una cantina. Comenta que tiene buenas ventas, lo cual le genera muy buenos ingresos. Desea seguir con su trabajo para que de esa forma pueda crecer y aumentar sus ingresos.
Ella solicita la ayuda para la compra de golosinas, como ser galletitas, chupetines, chicles, jugos, gaseosas y demás, con lo cual podrá abastecerse y cumplir con las demandas de sus clientes. Ella como también sus compañeras está muy satisfecha con el apoyo económico que les está brindando la Fundación Paraguaya y Kiva.
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