Mujeres Al Poder Group
Blanca is the president of the group, and she tells us that she always makes a big effort to be able to better herself every day as life is very hard and she wants to give her family what they need. She works selling all types of clothing, and thanks to this work she has been able to come out ahead and improve her income.
She is asking for a loan to buy articles of winter clothing, since the cold weather is coming and she wants to be able to have a good variety of products to be able to attract customers.
Blanca es la presidenta del grupo, y comenta que siempre se esfuerza mucho por poder superarse cada día, ya que la vida esta muy pesada y quiere dar lo que su familia necesita. Ella se dedica a la venta de prendas de todo tipo, y es gracias a este trabajo que ella ha podido salir adelante y mejorar sus ingresos.
Ella solicita el crédito para la compra de prendas de invierno, ya que se acerca el frío y quiere poder tener una buena variedad de productos para poder atraer a los clientes.
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