Mujeres Trabajadoras Group
Laura is one of the members of the group. She sells basic needs products in her small grocery store. She wishes to continue growing by having a variety of products, making her business bigger, and having greater income. She wants this because this business activity helps to support her family.
She is requesting the loan to buy dairy products, baked goods, fruits, and vegetables, etc. This way she will be able to cover her customers’, and her own, greater quantity of necessities.
Laura, una de las integrantes del grupo, se dedica a la venta de productos de primera necesidad en su despensa, desea seguir creciendo a nivel variedad de productos, agrandar su negocio y tener mayores ingresos ya que esta actividad le ayuda a la manutención de su familia.
Solicita el crédito para comprar productos lácteos, panificados, frutas,hortalizas, etc y de esta manera poder llegar a cubrir la mayor cantidad de necesidades de su clientela y la suya también.
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