Las Recicladoras Group
One of the members is Fernanda who recycles all sorts of products like bottles, cardboard, paper and other types of items. She comments that the work is very demanding because it’s difficult for her to have to go out daily in search of plastic. She tells us that thanks to her sacrifice she’s managed to raise her family and see that they lack nothing.
She requests the loan to buy recyclables like bottles, aluminum and others that she then resells producing a bit of profit. She thanks the Fundación for the great opportunity it gives her.
Una D. estas mujeres es la señora Fernanda, quien se dedica al reciclaje D. todo tipo D. productos, como ser botellas, cartones, papeles y demás tipo D. artículos. Comenta que su trabajo es muy sacrificado, puesto que es muy duro para ella tener que recorrer diariamente en busca D. plástico. Nos cuenta que gracias a su sacrificio ha podido sacar adelante a su familia y procurar para que no les falte nada.
Ella solicita el crédito para la compra D. materiales D. reciclaje, como ser D. botellas, aluminio y demás, lo cual ella vuelve a vender y esto le produce un poco más D. ganancias. Agradece a la fundación por la gran oportunidad que esta le da.
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