Mujeres Del Futuro Group
One of the members of this group is Edita. She has a pastry business that she runs out of her house. She makes all types of pastries,and she always has a lot of work because her pastries are very popular. She does very good quality work, and her business is doing well. She really enjoys her work, because it is honest and decent work. She is requesting a loan to buy supplies because she wants to continue making the pastries that she sells.
This group appreciates the opportunity that they are receiving, because it will enable them to help their families.
Una de las integrantes del grupo es la Sra. Edita, ella trabaja como repostera en su casa, hace todo tipo de masas dulces, y siempre está llena de mucho trabajo, ya que son muy aceptadas sus masas. Tiene muy buena mano para ello y le está yendo bien. Le gusta mucho lo que hace, ya que es un trabajo honesto y digno.
Solicita de este crédito para la compra de insumos con los cuales quiere seguir haciendo las masas que vende. El grupo agradece por la oportunidad que reciben, pues de esta forma ayudan a sus familias.
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