Las Recicladoras Group
Fernanda is a group member. She was elected president because of the great leadership spirit she has and because of her ability. Fernanda works recycling products like paper, cardboard, bronze, plastic, etc. She gathers these products and also buys and sells them and helps her family this way.
She’s asking for the loan to buy paper, cardboard, bronze and others to be able to sell them and earn higher profits this way.
Fernanda es miembro del grupo, fue elegida como la presidenta por el gran espíritu de liderazgo que tiene y por su capacidad. Fernanda se dedica al reciclaje de productos como ser papel, cartón, bronce plástico, etc. Ella junta esos productos y también los compra y vende y de esa forma ayuda a su familia.
Ella solicita el crédito para la compra de papel, cartón, bronce y demás para poder venderlos y así tener mayores ganancias.
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