Mujeres Activas Group
One of these capable and hardworking individuals is Selsa, who is the group president. She has a small food pantry where she begins her work every day during the early morning hours. Selsa says that her dream is to expand her business until someday it becomes a mini-supermarket. She is requesting a loan so that she can invest in the purchase of beverages, dairy products, canned goods, vegetables, and other items. By restocking her business, she can continue to offer quality products to her customers.
Una persona muy capaz y trabajadora es Selsa, quien es la presidenta de este grupo. Ella tiene una pequeña despensa en la que trabaja todos los días desde muy tempranas horas. Comenta Selsa que su sueño es poder agrandar su despensa y el día de mañana poder tener un mini súper.
Solicita de este crédito para poder invertirlo en la compra de bebidas, lácteos, enlatados, verduras y demás, ya que con esto podrá surtir su negocio y seguir dado buenos productos 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