This group, from the city of Encarnación, came about when one of the members contacted the Foundation. The group is on its 19th loan, and has been working with the Foundation since 2011. They have learned a lot during the time that they have been together. One of the members is Maria who has a son and is married to Rodolfo. She has worked as a dress maker for many years. She says that her and her husband try very hard to get ahead; they help each other and hope to be able to keep moving forward to give their son a decent life. She is requesting this loan to buy fabric and thread to continue working and completing her clients' orders. The group was given its name Luchando Todas Juntas (Women Striving Together) because all of the members strive together to get ahead and be the best at what they do.
Este grupo de la ciudad de Encarnación surgió por contacto de una de las integrantes con la Fundación, el grupo se encuentra en el 19º ciclo, opera con la Fundación desde el año 2011, y han aprendido mucho en todo este tiempo que llevan juntas.
Una de ellas es la Sra. María ella tiene 1 hijo, está casada con el Sr. Rodolfo y ella se dedica hace varios años como modista. Comenta que ella y su marido se esfuerzan por salir adelante, se ayudan mutuamente y desean poder ir creciendo para dar a su hijo una vida digna.
Ella solicita de este crédito para la compra de telas e hilos, y así poder seguir trabajando y cumpliendo con los pedidos de sus clientes. El grupo lleva este nombre ya que todas las miembros luchan juntas por salir adelante y de esa forma ser las mejores en lo que hacen.
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.