Mujeres Emprendedoras Group
Luisa is part of this group. She makes a living in sales. She has a small, well-stocked general store with everything her neighborhood needs. She's a person who knows how to manage her business and she's getting ahead thanks to her effort--and, she says, thanks to the help of her group.
Luisa's requesting this loan to buy beverages, soda, baked goods, and other things to be able to continue giving her customers a good variety.
Luisa es parte de este grupo, se dedica a las ventas. Tiene una pequeña despensa bien surtida, con todo lo que su vecindario necesita. Es una persona que sabe como manejar su negocio y eta saliendo adelante gracias a su esfuerzo. Cuenta que también gracias a la ayuda de su grupo está saliendo adelante.
Solicita Luisa este crédito para la compra de bebidas, gaseosas, panificados y demás, para poder seguir dando buena variedad a sus clientes.
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