Mujeres Al Poder Group
Nelly is a member of the group. She works selling all types and flavors of ice cream. She says that her work helps her family and gives them everything they need to be able to improve themselves.
She is requesting this loan to purchase ice cream so that she can continue with her sales now that the temperature is warmer.
Nelly es integrante de este grupo, ella se dedica a la venta de helados de todos los sabores y tipos, cuenta que gracias a su trabajo ayuda a su familia y les da todo lo que necesitan para poder salir adelante.
Solicita de este crédito para poder comprar helados y de esa forma seguir con sus ventas, ya que estamos en el tiempo que más calor hace y quiere seguir con su trabajo.
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