Mujeres Emprendedoras 2 Group
One of the members of the group is Sra. Elvira. She has three children and lives with Sr. Aldo, who is employed by an herbalist. She has done embroidery work for several years. She notes that with her work she can help support the family by sharing household expenses with her husband. She is requesting a loan to purchase thread and needles for the embroidery she does, since these are indispensable supplies for her business.
Una de las integrantes del grupo es la Sra. Elvira, ella tiene 3 hijos esta acompañada con el Sr. Aldo, quien trabaja como empleado en una yerbatera y ella se dedica hace varios años al bordado. Cuenta la Sra. que por medio de este trabajo ella puede ayudar en la casa y de esa forma compartir los gastos con su marido para poder mantener a la familia.
Ella solicita el crédito para la compra de hilos y agujas para los bordados que hace, ya que esos son los insumos indispensables para su negocio.
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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