Trabajadoras De Santiago Group
Mrs. Maria is the group's president. She sells chipa [cheesy buns] in her neighborhood everyday. She mentions that her job is very difficult, because she does not have a fixed stall, but has to move around looking for customers.
Her dream is to continue progressing with Fundación Paraguaya and that the group keeps gaining strength every day. She mentions that she is happy with the committee and expects many benefits.
She is requesting the loan to buy chipas, in order to sell them and in this way keep working and covering her daily needs.
La Sra. Maria es Presidenta del grupo, ella Trabaja en la venta de chipa que a diario sale a vender por el barrio, cuenta que es muy difícil su trabajo ya que lo hace en forma ambulante, su deseo es seguir progresando con la Fundación Paraguaya y que el grupo se vaya fortaleciendo cada día más, manifiesta que se siente muy a gusto en su comité y espera muchos beneficio.
Solicita el crédito para la compra de chipas, los cuales quiere vender y de esa forma seguir trabajando y ganándose el sustento diario.
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