Mujeres Emprendedoras Group
María is a member of this group. She prepares sweet pastry as well as savory snacks. She says that her products are very good, and for this reason her customers constantly place orders with her. She says she is a person with a great desire to get ahead in life and to help her family.
María is requesting a loan to buy ingredients to prepare her sweet and savory snacks such as tomatoes, ham, cheese, caramel, sugar and mayonnaise. She is grateful for the support she is receiving form Kiva and from the Fundación Paraguaya.
Una de las integrantes del grupo es la Sra. María, quien se dedica a la elaboración de masas dulces en general y también de bocaditos salados. Comenta que sus productos son muy buenos, y es por ello que ya tiene una clientela que constantemente le hacen pedido. Ella se define como una persona con ganas de salir adelante y ayudar a su familia.
Maria solicita el crédito para la compra de insumos para hacer sus bocaditos dulces y salados, como ser tomates, jamón, queso, dulce de leche, azúcar, mayonesa y demás. Agradece por la ayuda que está recibiendo de Kiva y Fundación.
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