One of these women is Claudia, who works selling chipas (a traditional Paraguayan food dish, prepared from a base of starch), with which she can support her family. She comments that she makes sacrifices to do this work, she travels about daily in order to sell her products, but she tells us that each effort has value in regards to helping her family.
She is asking for a loan in order to buy chipas, so that she will be able to continue with her work and to help her family.
Una de esas mujeres es la señora Claudia, quien se dedica a la venta de chipas (alimento tradicional paraguayo, preparado a base de almidón), con lo cual puede mantener a su familia. Comenta que esta es un trabajo muy sacrificado, ya que diariamente recorre mucho para vender sus productos, pero nos dice que todo esfuerzo vale la pena para poder ayudar a su familia.
Ella solicita el crédito para la compra de chipas, con lo que podrá seguir con su trabajo y ayudar a su familia.
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