Celina is a member of this group. She recycles plastic, cardboard, aluminum, and other materials, and with this she supports her family. She is very proud of what she does, since it is dignified and honest work through which she has been able to advance.
She is applying for the loan so that she can invest it in the purchase of cardboard, plastic, and other items, which she wants to be able to resell and in this way have greater earnings.
Celina es miembro de este grupo, ella se dedica al reciclado de plásticos, cartones, aluminio y demás, con lo cual mantiene a su familia. Ella está muy orgullosa de lo que hace, ya que es un trabajo digno y honesto con el que ha podido salir adelante.
Solicita el crédito para poder invertirlo en la compra de cartones, plásticos y demás, los cuales desea poder revender y de esa forma 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