Mujeres Unidas Group
Paola, who is the president, works selling blankets. She says that during the warm season she still sells her products, since many people in the heat use an air conditioner and blankets, but she also does other work.
She is requesting this loan for the purchase of blankets, in order to stock up and continue earning a living in this way. She is grateful for the help that she receives, which she is not going to waste.
La Sra Paola, quien es la presidenta, se dedica a la venta de frazadas, comenta que en época de calor igual vende sus productos, ya que muchas personas en el calor utilizan acondicionador de aire y frazadas, pero también hace otros trabajos.
Solicita de este crédito para la compra de frazadas, para surtirse y seguir ganadose la vida de esta forma. Agradece por la ayuda que recibe, la cual no va a desaprovechar.
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