Mujeres Luchadoras Group
One of the members is Maria, who works selling all kinds of clothing. She comments that she began with a lot of sacrifice, but thanks to her efforts and work and the help of the foundation she could grow and get ahead.
One of her goals is to have a big store where she can sell her garments.
She is asking for a loan in order to buy summer clothing, with which she can stock up and be able to offer a greater variety to her customers.
Una de las miembros es la señora Maria, quien se dedica a la venta de prendas de todo tipo. Ella comenta que con mucho sacrificio empezó, pero que gracias a su esfuerzo y su trabajo, además de la ayuda de fundación pudo crecer y seguir adelante. Una de sus metas es tener una gran tienda donde vender sus prendas.
Ella solicita el crédito para la compra de prendas de verano, con lo cual podrá surtirse y de esa forma ofrecer más variedad a sus clientes.
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