“Mujeres Emprendedoras” (Enterprising Women) is an excellent group of women from the city of Itá thanks to the current president Epifania who sells vegetables. The group is in its 5th cycle and they’d like to be able to continue growing. Epifania defines herself as a very hardworking person who strives to the maximum to get ahead with her family and to give her loved ones everything they need so that they won’t go through any privations. She’s asking for this loan to buy vegetables like onions, tomatoes, peppers and others. All of them want to continue working and growing within the program.
Mujeres Emprendedoras es un Excelente grupo de mujeres conformado en la ciudad de Itá, gracias a que la actual presidenta, la Sra. Epifania, quien se dedica a la venta de verduras. El grupo ya está en su quinto ciclo y desean poder seguir creciendo.
Epifania se define a si misma como una persona muy trabajadora, que se esfuerza al máximo por salir adelante y dar a su familia y a los suyos todo lo que necesitan, para no tener que pasar por necesidades.
Solicita de este crédito para la compra de verduras, como ser cebollas, tomates, locotes y demás. Todas ellas desean seguir trabajando y creciendo dentro del programa.
About Fundación Paraguaya
Fundación 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.