Mujeres Unidas Group
Fátima is one of the group's members. She works selling clothing and bedsheets. She also works part-time at a school cafeteria. She defines herself as a very determined and self-sacrificing woman, who puts forth the maximum effort to give her family everything they need.
She is requesting the loan to buy summer clothing, so she can stock up on it and thus have a wide variety to offer her customers.
La Sra. Fátima es una de las miembros, ella se dedica a la venta de ropa, sábanas, y trabaja además en medio turno en un comedor infantil. Ella se define como una mujer muy sacrificada y luchadora que se esfuerza al máximo para dar todo a su familia.
Ella solicita el crédito para la compra de ropas de verano, para poder abastecerse y de esa forma poder tener mucha variedad para ofrecer 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