Mujeres Trabajadoras Group
All are making a great effort, hoping to give their children a different future from the one that they had, and raising them to be men and women who are a benefit to society.
One of these very hard-working women is Maria, who tells us that she collects recyclable materials. She says that every day she gets up to go to work very early.
She goes through the streets collecting all types of materials that can be recycled. She tells us she is very proud of what she does, as it is respectable work, and above all, honest.
She is applying for the loan to buy plastic containers, as by selling them in quantity, she gets more earnings. She is grateful to the Foundation for the opportunity they are giving her, as no other institution would do so.
Una de estas mujeres muy trabajadoras es la señora Maria, quien nos cuenta que se dedica al reciclado de materiales. Comenta que diariamente se levante a trabajar desde muy temprano. Ella recorre por las calles juntando todo tipo de materiales que puedan ser reciclados. Ella nos cuenta que está muy orgullosa de lo que hace, pues es un trabajo digno y por sobre todo honesto.
Ella solicita el crédito para la compra de plásticos, pues de esa forma al revenderlos en cantidad tiene más ganancias. Agradece la fundación por la oportunidad que le da, pues no cualquier institución lo haría.
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