Divino Niño Group
Eudelia is very sacrificial and hard-working. She works recycling plastics, bottles, cardboard, and more. She says she goes through the streets looking for these products and ends the day very tired, since she gets up very early. She shares that she is very proud of what she does, because it is dignified and honest work.
She is asking for a loan to buy plastic products that she can resell to earn a little money. She is thankful for the opportunity she is provided from Kiva and the Paraguayan Foundation.
Eudelia es una mujer muy sacrificada y trabajadora, ella se dedica al reciclaje de plásticos, botellas, catones y demás. Dice que recorre por las calles buscando esos productos y que acaba el día muy cansada, ya que se levanta muy temprano. Cuenta que está muy orgullosa de lo que hace, pues es un trabajo digno y honesto.
Ella solicita el crédito para la compra de plásticos, pues al revenderlos tendrá un poco más de ganancias. Agradece la oportunidad que recibe por parte de Kiva y fundación paraguaya.
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