Las Emprendedoras Group
Sra. Silvia is a member of this committee. She joined the group because she needed help with generating more income in order to cover various household expenses and her children’s education. Silvia is already a single mother and the head of her household. She wants a better future for her children, so she strives hard every day by selling fish. Working in this manner gives her children the opportunity to study and achieve a better future.
Silvia is requesting a loan in order to buy fish. This will replenish her inventory so that she can satisfy the demand from her customers.
La Sra. Silvia es una integrante de éste comité, se unió al grupo por la necesidad de tener una ayuda que le permita generar mas ingresos , para solventar los diversos gastos del hogar , y tambien la educación de sus hijos , ya que és madre soltera y jefa de hogar. Anhela un futuro mejor para sus hijos es por eso que se esfuerza todos los días en la venta de pescados para que de esa forma pueda darles la oportunidad de estudiar y lograr un futuro mejor a sus hijos.
Ella solicita el crédito para la compra de pescados, con lo que podrá abastecerse y de esa forma cumplir con la demanda de sus 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