Mujeres Unidas De Lambare Group
Lilian, one of the members of the group, tells us that she is very humble, but very hardworking. She recycles bottles, cardboard, and aluminum. She re-sells them to make more profit. Her goal is to keep helping her family so they lack for nothing.
She is asking for the loan to buy cardboard and bottles, which she will re-sell. LIlian is happy with this opportunity, since she doesn't always get them. She also tells us that she is very proud of what she does, because it is dignified work and above all, honest.
Lilian una de las miembros del grupo, nos cuenta que es muy humilde, pero muy trabajadora, se dedica al reciclaje de botellas, cartones, aluminio, los cuales vuelve a vender para tener más ganancias. Su meta es seguir ayudando a su familia y que no les falta nada.
Solicita el crédito para la compra de cartones, botellas, lo cual revenderá. LIlian está contenta por esta oportunidad, ya que no siempre la recibe y nos cuenta además que esta muy orgullosa de lo que hace, pues es un trabajo digno y por sobre todo honesto.
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