Mujeres Emprendedoras Group
One of the members is Sebastiana. She has her own grocery store. She has 2 children and is married to Nicolas, who is a farmer. They help each other and are doing well thanks to the sacrifice and great effort that they put in to their work. Their aim is to give their children everything they deserve.
Sebastiana says that she is requesting the loan to buy products for her store, such as greens, vegetables, and meat, etc.
Una de las integrantes del grupo es la Sra. Sebastiana, ella tiene su propia despensa, tiene 2 hijos está casada con el señor Nicolas quien es Agricultor, ambos se ayudan y están saliendo adelante gracias al sacrificio y al gran esfuerzo que hacen por dar a sus hijos todo lo que se merecen.
Cuenta la Sra. Sebastiana que el crédito solicita para la compra de productos para su despensa, como ser verduras, hortalizas, carne y demás.
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