Buscando Progreso De Las Mujeres Group
Melania is one such member. She makes and sells chipas, a kind of cheese buns made with cassava starch. This is her livelihood and her family's source of income. She is hard-working and above all, an honest woman that stands out because of the important support she gives to her bank.
Melania is asking for this loan in order to purchase starch, animal fat, aniseed, cheese, eggs and other ingredients necessary to make chipas and thus, to generate an income for her family.
Una de las integrantes es Melania, quien se dedica a la fabricación y venta de chipas, con lo cual se gana la vida y el sustento de su familia. Es una persona muy trabajadora, y por sobre todo honesta, que se destaca por la gran labor que hace dentro del grupo.
Solicita el crédito para la compra de almidón, maneca, anís, queso, huevo y demás, para seguir haciendo las chipas que vende y así seguir generando ingresos para 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