Mujeres Trabajadoras Group
For example, Estela sells all types of fruit, and makes an honest living this way. She wants to be able to continue with what she does, in this way instilling in her family that with had work, one can get what one wants.
Estela is requesting a loan to buy all types of fruit and continue her work which is her family's livelihood.
Estela por ejemplo vende todo tipo de frutas y de esa forma honestamente se gana la vida. Su deseo es poder seguir con lo que hace y así inculcarle a su familia que con el trabajo duro se logra lo que se quiere.
Estela solicita el crédito para la compra de frutas de todo tipo y así seguir con su trabajo que es el sustento de su familia.
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