Mujeres Unidas Group
Justina is the president of the group and says that all are learning to work together and they try to always help each other to lessen their burden. She has a small store that is well stocked and is the only source of income to provide her family with all that they need. She says that her goal is to keep growing and that someday she will be able to have a bigger store.
Justina needs a loan to buy beverages, dairy products, bread and other basic household goods that are sold most often.
Justina es la presidenta de este grupo, y cuenta que todas están aprendiendo a trabajar juntas y tratan de ayudarse siempre y de esa forma hacer un poco más ligera la carga de cada una de ellas. Ella tiene una pequeña despensa bien surtida, mediante la cual da a su familia todo lo que necesitan. Cuenta que su meta es poder seguir creciendo y de esa forma algún día llegar a tener una gran despensa.
Ella solicita el crédito para la compra de bebidas, lácteos, panificados, y demás artículos de primera necesidad que son los que más venta tienen.
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