8 De Diciembre Group
One of the members of this committee is Dora whose business is selling 'chipas' (cheese buns - a traditional Paraguayan food). This provides her with the resources she needs to help her family. She describes herself as a very hard-working and entrepreneurial woman who works as hard as she can every day so that she can continue growing as a small businesswoman.
Dora is requesting a loan to buy starch, cheese, butter, eggs and other supplies she needs for making 'chipas'. This will help her to continue making progress.
Una de las miembros es la señora Dora, quien se dedica a la venta de chipas (alimento típico paraguayo), con lo cual ella puede tener los medio necesarios para poder ayudar a su familia. Ella se define como una mujer muy trabajadora y emprendedora, que día a día se esfuerza al máximo para poder seguir creciendo como microempresaria.
Ella solicita el crédito para la compra de almidón, queso manteca, huevo y demás insumos necesarios para la elaboración de chipas, lo cual la ayudará a seguir progresando.
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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