Mujeres Alegres Group
Juana is one of the members of the group. She has two children, and she is married to Patrocinio. She is a laundress, and they mutually help each other to give the family everything it needs.
Juana is a very determined woman, and she likes what she does.
Juana says that she will use the loan she is requesting from the Fundación to buy supplies and cleaning products like soaps, softeners, deodorizers, and others.
All of the members are grateful for the great opportunity that they are receiving through which the will be able to help their families.
Una de las integrantes del grupo es la Sra. Juana, ella tiene 2 hijos, está casada con el Sr. Patrocinio y ella se dedica a la lavandería, ambos se ayudan mutuamente y de esa forma dan a su familia todo lo que necesitan. Juana es una mujer muy decidida y le gusta mucho lo que hace.
Cuenta la Sra. Juana que el crédito que solicita a la Fundación lo utilizará para la compra de insumos y productos de limpieza, como jabones, suavizantes, aromatizantes y demás. Todas las integrantes agradecen por la gran oportunidad que están recibiendo, porque mediante esto podrán ayudar a sus familias.
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