Mujeres Emprendedoras Group
It should be emphasized that all of them are very unified, within the group emphasizes the friendship and solidarity between them.
These women will use your loans for different activities like: the sale of food, underwear, clothes, coal, and basic articles for the home, etc.
They all understand the importance of fulfilling the commitment to the Committee and the importance of good relations between the members in order to achieve the objectives of the group and of course their personal objectives.
Translated from Spanish by Jessica Kaminsky, Kiva Volunteer.
El Grupo denominado Mujeres Emprendedoras de la ciudad de Itá tuvo su inicio en el mes de Mayo del año 2.006. El mismo fue formado por Marciana O., quien contactó con sus vecinas para la constitución del grupo, todas poseen actividades en el ámbito comercial. El Grupo es muy organizado y unido, pasaron al 7º ciclo con un comportamiento de pago excelente.
Cabe destacar que todas son muy solidarias, dentro del grupo resalta la amistad y la solidaridad entre ellas.
Las mismas destinaron sus créditos a diferentes actividades como: venta de comidas, mercería, ropas, carbón y articulos básicos para el hogar, etc.
Todas consideran la importancia de cumplir con los compromisos del Comité y el buen relacionamiento entren las integrantes para concretar los objetivos del grupo y por supuesto sus objetivos personales.
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