Mujeres Unidas Group
Mirtha is one of the members. She is very hardworking and tells us that she sells charcoal. She has a good customer base since lately charcoal is in much demand. She says that her dream is to continue progressing and in that way to be able to improve her earnings and to keep on helping her family.
She is requesting the loan to buy charcoal so that she will have stock and be able to supply her customers when they order.
Mirtha es una de las miembros, ella es muy trabajadora y cuenta que se dedica a la venta de carbón. Tiene muy buena clientela ya que últimamente el carbón es muy solicitado. Mirtha nos comenta que su sueño es poder seguir progresando y de esa forma poder mejorar sus ingresos y seguir ayudando a su familia.
Ella solicita el crédito para la compra de carbón, para poder tener en stock y que no le falte para cuando sus clientes se lo pidan.
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