The Mujeres Unidas Group is on its 5th loan cycle, it is made up of 15 woman who are all very dedicated to the project. The group is made up of determined women who use their incomes to invest in their businesses and to contribute to their household expenses.
One of the members, Lizza has a small business where she sells clothes and shoes for women and children. She is very active and responsible.
The requested loan would help her to buy a greater quantity of merchandise so she can invest in her business, which grows every time she receives help from a loan.
El comité Mujeres Unidas se encuentra en su 5to ciclo, esta conformado por 15 mujeres muy comprometidas al proyecto.El comité en general esta conformado por mujeres luchadoras que utilizan estos ingresos para re invertir en su negocios y también para contribuir en sus propias familias con los gastos que les surjan.
Una de las integrantes, la señora Lizza posee un pequeño negocio donde vende ropas para mujeres y niños y calzados. La señora es muy activa y responsable.
El crédito pedido sería para comprar mayor cantidad de mercaderías y de esa forma poder re invertir en su negocio que va creciendo cada vez que recibe la ayuda del crédito.
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.