Mujeres Emprendedoras Group
Maria is requesting a loan to buy chipas. With these, she will be able to continue working, and in this way help her family with the daily household expenses.
La Sra. Maria es una de las miembros del grupo, ella se dedica a la venta de chipas (Alimento típico paraguayo) en lo que le va muy bien, debido a que el mismo siempre es consumido en todo momento del día y en cualquier época del año. Su meta es poder tener un local grande donde poder ofrecer sus productos.
Ella solicita el crédito para la compra de chipas, con lo cual podrá seguir trabajando y de esa forma ayudar a su familia con los gastos del día a día.
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