Mujeres Solidarias Group
Felia is a member of the group who sells vegetables. She says that this business has been the means of support for her and her family for some time. She is a very hardworking person who believes that she is very capable of continuing to help her family.
Felia is requesting this loan so that she can invest in the purchase of vegetables, such as: tomatoes, peppers, carrots, onions and other vegetables.
Felia, miembro del grupo vende verduras y cuenta que este ha sido su sustento y el de su familia hace un tiempo. Es una persona muy trabajadora y se cree muy capaz de seguir ayudando a los suyos.
Solicita de este crédito para poder invertirlo en la compra de verduras, como ser tomates, locotes, zanahorias, cebollas y demás.
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