The San Gregorio Group consists of fifteen women who run different businesses. The majority of them sell products such as clothing, food, and fruit, etc. The members are very responsible with their loan payments and their businesses. The group’s members are very happy with the results they have seen, especially since thanks to their effort they are able to generate income which helps them provide for their families.
One of the members is Lisa, who sells lingerie for younger and older women. She offers better quality undergarments at a reasonable price for her customers.
The loan requested will be used to purchase a larger quantity of merchandise in different sizes so she can sell them and in this way try to generate the most revenue possible.
El comite San Gregorio, esta integrado por 15 mujeres dedicadas a actividades varias en su mayoría dedicadas a las ventas de productos como ropas, alimentos, frutas, etc. Las integrantes son muy responsables en sus plazos y en sus negocios.Las integrantes del comité están muy contentas con los resultados que pudieron observar y sobre todo que gracias a su esfuerzo pueden generar ingresos que les ayudan a mantener a sus familias.
Una de las integrantes, la señora Lisa se dedica a la venta de lencerías para mujeres jóvenes y adultas. Ellas les ofrece ropa interior de mejor calidad y a un precio de bastante accesible para sus clientas.
El crédito solicitado sería para comprar mayor cantidad de mercaderías y de distintos tamaños para volver a venderlos y de esa forma tratar de generar mayor cantidad de ingresos posibles.
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.