The committee “Mujeres Emprendedoras” (Entrepreneurial Women) is in its first cycle and the members are experiencing the value of working as a team and helping each other. One of these women is Soraida, who owns a small but well stocked shop, which she would like to grow over the years and turn into a big one.
Her aspiration is to be able to carry on working and helping her family, as she has been doing until now. It is for this reason that she is applying for this loan, in order to invest it in the purchase of meat, sausages, vegetables, milk and other basic foods, so that her business may have a good assortment of products.
El comité “Mujeres Emprendedoras” está en su primer ciclo y están aprendiendo el valor de trabajar en equipo y ayudarse las unas a las otras. Una de estas mujeres es Soraida, quien tiene una modesta, pero bien surtida despensa, que con el correr de los años quiere agrandar y tener una grande.
Su sueño es poder seguir trabajando y ayudando a su familia como lo viene haciendo. Es por eso que solicita de este crédito para invertirlo en la compra de carne, embutidos, verduras, leches y demás insumos para poder tener bien surtido su negocio.
About Fundación Paraguaya
Fundación 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.