Unidas De Saguazu Group
Lidia is part of this group and she comments that thanks to help from her girlfriends as well as from Fundación Paraguaya has been able to improve her life and help her family members. She sells charcoal and it’s thanks to this work that she has means for her family’s day to day.
She requests the loan to buy charcoal to have stock available to sell since she always has good sales. She is thankful for the help she and her group are receiving.
Lidia forma parte del grupo, y ella nos comenta que gracias a la ayuda de sus amigas y también de la fundación paraguaya ha podido mejorar su vida y ayudar a sus familiares. Ella se dedica a la venta de carbón y es gracias a este trabajo que tiene los medios para el día a día de su familia.
Solicita el crédito para la compra de carbón, con lo cual podrá tener en stock el producto que vende, ya que siempre tiene muy buena venta. Agradece por la ayuda que ella y su grupo 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