Mujeres Unidas Group
Reina is a very enterprising woman. She demonstrates this as she has a laundry business and a well-stocked “copetín” (a fast food and drink establishment). Thanks to her effort and her untiring work, she is able to give her family the minimum in order to have a dignified and decent life without the deprivations that she had to go through.
Reina is asking for help from the Fundación and Kiva. She will buy food and drinks so that she will be able to stock her place and continue offering her customers good products.
La señora Reina es una mujer muy emprendedora y muestra de ello es que tiene una lavandería y un copetín (establecimiento de comida rápida y de bebidas) bien surtido. Gracias a su esfuerzo y trabajo incansables, puede darle a su familia lo mínimo para que tengan una vida digna y decorosa, sin privaciones como las que ella tuvo que atravesar.
Reina pide ala ayuda de la fundación y de kiva, para la compra de comestibles, bebidas con lo cual podrá abastecer su local y seguir ofreciendo buenos productos 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