One of the members of this group is Isabel, whose business is selling clothing and 'milanesa' (meat fillet fried in breadcrumbs). She is a very hard-working person who, in spite of the obstacles she has faced, has been able to get up and keep moving forward for the sake of her family.
Isabel says that she is requesting a loan to buy supplies for making her 'milanesas' and also to buy clothing as she would like to be able to satisfy the customers she has for each business.
Una de las integrantes del grupo es la Sra. Isabel, ella se dedica a la venta de ropas y venta de milanesa. Ella es una persona muy trabajadora, que pese a los obstáculos que ha tenido pudo levantarse y seguir adelante, todo sea por el bien de su familia y de los suyos.
Cuenta la Sra. Isabel solicita el crédito para la compra de insumos para la elaboración de las milanesas y también para la compra de ropas, ya que quiere poder cumplir con sus clientes de ambos trabajos.
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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