This group of enterprising women from the San Pedro neighborhood arose through the contact of one of the members with the Fundación; it’s worked with the Fundación since 2005 and thanks to their efforts are now in cycle 23.
One of the group members is Ana. She sells cleaning supplies and food. She’s a very hardworking and above all enterprising person who wants to stand out and help her family that way.
Ana is asking for the loan to buy ingredients to continue making her food and also to buy cleaning supplies to resell.
Este grupo Mujeres Emprendedoras del Barrio San Pedro surgió por contacto de una de las integrantes con la fundación, trabajan con la fundación desde el año 2005, y gracias a su esfuerzo ya se encuentran en el ciclo 23.
Una de las integrantes del grupo es la Sra. Ana ella se dedica a la venta productos de limpieza y a la venta de comidas, es una persona muy trabajadora y por sobre todo emprendedora, que desea poder sobresalir y de esa forma ayudar a su familia.
La Sra. Ana solicita el crédito para la compra de insumos para que pueda seguir haciendo sus comestibles y también productos de limpieza para la venta.
About Fundación Paraguaya
Fundación 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.