Mujeres Luchadoras Group
Zulma is a group member, and she tells us that she has been selling drinks for some time, and that by means of her business she has been able to help her family. She says that she had started with a small business, but that thanks to her efforts and sacrifice, she has been able to grow, and be where she is today.
She is applying to Kiva and the Fundación Paraguaya for a loan, in order to buy assorted drinks such as wines, beers, energy drinks, soft drinks, and others. This will enable her to be well-stocked.
Zulma es una de las miembros del grupo, y nos cuenta que se dedica a la venta de bebidas hace ya un buen tiempo, y que por medio de esto ha podido ayudar a su familia. Dice que había empezado con un pequeño negocio, pero que gracias a su esfuerzo y sacrificio ha podido crecer y estar donde está hoy.
Ella solicita la ayuda de Kiva y fundación paraguaya para la compra de bebidas en general, como ser vinos, cervezas, energizantes, gaseosas y demás, ya que con esto podrá estar bien surtida.
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