Mujeres Trabajadoras Group
One of the members is Mrs. Ursulina who has a well-stocked bookstore that allows her to work and make enough income to support her family. She says sales are always good because throughout the year people are always buying something, and that generates good profits. Her goal is to keeping growing and continue helping her family.
She is requesting a loan to buy notebooks, books, pencils, brushes and other supplies to restock her store for when school begins.
Una de las integrantes es la señora Ursulina, quien cuenta que tiene una librería bien surtida, gracias a la cual ella puede trabajar y obtener los medios para poder sostener a su familia. Ella comenta que siempre tiene buena venta, ya que en todo momento del año hay gente comprando algo y eso la ayuda a tener buenas ganancias. Su proposito es seguir creciendo y de esa forma seguir ayudando a su familia.
Ella solicita el crédito para la compra de cuadernos, libros, lapices, pinceles y demás insumos con los cuales podrá abastecerse y tener un buen stock para cuando las clases vuelvan a iniciar.
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