Mujeres Unidas Group
Zunilda provides laundry services. She comments that thanks to this work she is growing as a small businesswoman and is helping her family. Thanks to her work, she is helping her family and is getting ahead.
Zunilda is requesting a loan to buy soaps, fabric softeners, deodorizers and other supplies so that she can keep on working and filling her customers' orders.
La Sra. Zunilda trabaja como lavandera, y comenta que gracias a este trabajo está creciendo como microempresaria y ayuda a su familia. Gracias a su trabajo ayuda a su familia y está saliendo adelante.
Zunilda solicita el préstamo para la compra de jabones, suavizantes, aromatizantes y demás insumos para poder seguir trabajando y cumpliendo con los pedidos de sus clientes.
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