Mujeres Talentosas Group
Nilsa is a member of the group. She says that she recycles plastics, cans, cardboard, and other materials. Nilsa indicates that her job is quite exhausting, but despite this difficulty, she is very proud of what she does. Her work may be menial, but it is a decent and honest living.
Nilsa is requesting a loan to buy plastics and cardboard so that she can sell them later in large quantities, thus allowing her to generate more income. She is grateful for the opportunity she has received from Fundación Paraguaya and Kiva.
Nilsa forma parte del grupo, y ella nos comenta que se dedica al reciclaje de plásticos, latas, cartones y demás. Nos dice que es un trabajo muy agotador, pero que pese a ello está muy orgullosa de lo hace, ya que es un trabajo digno y pobre todo honesto.
Ella solicita el crédito para la compra de plásticos y catones, para que los pueda vender luego en cantidad y de esa forma tener mayor ganancia. Agradece por la oportunidad que está recibiendo por parte de la fundación y de Kiva.
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