The women in this group work hard to improve their businesses. The new members of the group want to start businesses with a little help for them and their families. Señora Francisca sells food and sacrifices a lot to take good care of her family. Thanks to her job, she has been able to improve her small business. She is requesting this loan to be able to buy supplies so she can keep making her food. She will buy meat, vegetables, condiments, and other items to be able to keep making her delicious dishes. Her group hopes to be able to keep growing and working together.
Las señoras del comité trabajan arduamente para mejorar sus puestos de trabajos y las que son nuevas en el grupo quieren iniciar con esta pequeña ayuda para ellas y sus familias. La señora Francisca es una vendedora de comestibles que con mucho sacrificio saca adelante a su familia y gracias a su trabajo ha podido ir mejorando su pequeño negocio.
Solicita de este crédito para poder comprar insumos para poder seguir haciendo sus alimentos, como ser carne, verduras, condimentos y demás y de esa forma poder seguir haciendo las delicias que prepara. Su grupo desea poder seguir creciendo y trabajando juntas.
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.