Madres Trabajadoras Group
Hilaria is a very self-sacrificing and hard working person, her job is to recycle all kinds of items like cardboard and plastic. She says that she starts work in the early hours of the morning collecting plastics and cardboard. This is a very worthy job for her, as it allows her to provide for her family as well as being honest work.
She is requesting this loan to buy plastics and cardboard to resell them at a profit. Hilaria and her partners are grateful to the foundation and to Kiva for the help that they receive.
La Sra. Hilaria es una persona muy sacrificada y trabajadora, ella se dedica al reciclaje de todo tipo de artículos, como ser cartón y plástico. Comenta que empieza desde muy tempranas horas de la mañana juntando los plásticos y cartones. Este es un trabajo muy digno para ella, ya que le permite dar con ello a su familia lo que necesitan, además de ser un trabajo honesto.
Ella solicita el crédito para la compra de plásticos y cartón, ya que al revenderlos podrá tener mayor ganancia. Hilaria y sus compañeras agradecen a la fundación y a Kiva por la ayuda 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