Las Trabajadoras Group
Mirian sells medicine in a small pharmacy in her community which is how she’s able to contribute her small grain of sand toward her family’s basic needs. The loan will be used to buy larger amounts of merchandise to then sell at her shop at reasonable prices. She stocks first-aid medicines and non-prescription items.
La señora Mirian se dedica a vender medicamentos en una pequeña farmacia en la comunidad; de este modo aporta su grano de arena a la canasta familiar de su familia.
El crédito utilizado sería para comprar mayor cantidad de insumos para luego venderlos en su local a un precio razonable, la señora cuenta con los medicamentos de urgencia y de venta libre.
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