Mujeres Progresistas Group
Maria Cristina is married and has 6 children, and what she does to support all of them is very impressive. She has a business butchering and selling animals in her community. She will use this loan to set up a sales stall (mini meat market) in front of her house. She is very grateful for being provided with this opportunity to get ahead.
La Sra. María Cristina está casada y tiene 6 hijos es muy loable lo que hace para mantener a todos ellos se dedica al faenamiento de animales y vende en su comunidad, del préstamo que solicita es para poner un puesto de venta (mini carnicería) frente a su casa. Esta muy agradecida con la oportunidad que se le está dando para salir adelante.
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