Mujeres Emprendedoras Group
Máxima is one of the members. She has a small grocery store which has grown in time thanks to her efforts and help from Fundación Paraguaya. She comments that she’s married and has children and all help with the business.
She’s asking for the loan to stock her store with vegetables, noodles, rice, sugar, soap, meat, baked goods and other products which are the ones that sell the best. They are happy with the growth opportunity they are getting from Fundación Paraguaya.
La Sra. Maxima es una de las miembros, ella tiene una pequeña despensa que a través del tiempo ha ido creciendo con su esfuerzo y también gracias a la Fundación Paraguaya. Cuenta que está casada y tiene hijos, y todos ellos a ayudan con su negocio.
Solicita el crédito para poder abastecer su local con verduras, fideos, arroz, azúcar, jabones, carnes, panificados y demás productos, ya que estos son los que más salidas tienen. Están contentas con la oportunidad de crecimiento que están recibiendo de la 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