Mujeres Emprendedoras Del Barrio San Pedro Group
One of the members of this group is Señora María. She works making and selling cleaning products, and also does house-cleaning in several homes. She comments that thanks to her hard and self-sacrificing work, she has been able to move ahead in life and in this way support her family.
She is requesting a loan for the purchase of bleach, air-fresheners, disinfectants and other supplies to be able to continue making her cleaning products which she sells. She is grateful for this opportunity which Kiva and Fundación Paraguaya are giving her.
Una de las integrantes del grupo es la Sra. María, ella se dedica a la fabricación y venta de productos de limpieza y también hace limpieza en casas particulares. Comenta que gracias a su arduo y sacrificado trabajo, ha podido salir adelante y así ayudar a su familia.
Ella solicita el crédito para las compras de cloro, aromatizantes, desinfectantes y demás insumos para poder seguir haciendo los productos de limpieza que vende. Agradece la oportunidad que le está dando 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