Mujeres Unidas 3 Group
One of the members is Sra. Zunilda, who manages a food pantry. She says that she has a well-stocked business, which helps her to have the income necessary to help her family and her household. One of her goals is to continue growing and generating more income. Zunilda is requesting a loan to restock her business with food products, beverages, baked goods, dairy goods, and other basic necessities. She is grateful to Fundación Paraguaya for the opportunity that has been given to her.
Una de las miembros es la señora Zunilda, quien tiene una Despensa. Ella comenta que tiene un negocio bien surtido, el cual la ayuda a poder tener los ingresos que necesita para poder ayudar a su familia y su casa. Una de sus metas es poder seguir creciendo y de esa forma poder tener mayores ingresos.
Ella solicita el crédito para poder surtir su negocio con comestibles, bebidas, panificados, lácteos y demás insumos de primera necesidad. Agradece a la fundación por la 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