Mujeres Unidas Group
Liduvina is a member of the group. She has a small, well-stocked grocery store. This business helps her to be able to support her family and give them what they need day to day. She is known as a very hard-working person with a great desire to get ahead and a big entrepreneurial spirit.
Her wish is to continue to have a well-stocked business. That is why she is requesting the loan. She wants to buy sugar, milk, bread, noodles, “yerba mate” (a popular South American herb that is brewed into a high-caffeine infusion), and other items that sell the most.
They are all grateful for the opportunity that they are receiving.
Liduvina es miembro del grupo, y cuenta que tiene una despensita bien surtida, negocio que le ayuda a poder mantener a su familia y darles lo que ellos necesitan para el día a día. Ella se define como una persona muy trabajadora y con muchas ganas de salir adelante y con gran espíritu emprendedor.
Su deseo es seguir teniendo bien surtido su negocio, por lo que solicita el préstamo, ya que quiere comprar azúcar, leche, pan, fideos, yerba y demás artículos que son los que más ventas tiene. Agradecen todas ellas por la oportunidad que están 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