Mujeres Al Poder Group
Gladys is one of the group members. She is a very hardworking and enterprising woman, who explains that she makes and sells all kinds of food such as empanadas and sandwiches, among others. She has been maintaining and supporting her family through her business, and dreams of having a premises where she can sell her dishes and thus continue to grow.
Gladys is seeking a loan to stock up on meat, bread, condiments and other supplies to be able to keep producing the food that she sells. She is thankful to the foundation and to Kiva for the opportunity she is receiving.
Gladys es una de las miembros del grupo, ella es una mujer muy trabajadora y emprendedora, quien nos comenta que se dedica a la elaboración y venta de comestibles de todo tipo, como ser empanadas, sandwish, y demás tipo, con lo cual ha podido mantener y ayudar a su familia. Ella sueña con tener un local donde poder vender las comidas que hace y de esa forma poder seguir creciendo.
Ella solicita el crédito para abastecerse con carne, panificados, condimentos y demás insumos para poder seguir haciendo los alimentos que vende. Agradece a la fundación y a kiva por la oportunidad que está recibiendo.
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