The communal bank Dinámicas comprises 12 woman who have different professions: dressmaking, selling food, and working as an employee, among others. Petrona, one of the members, sells chipas (a traditional Paraguayan food) to help her family. Petrona says business is good because chipas are eaten throughout the day. She has loyal customers, and business is growing steadily with her hard work.
Her goal is to be a good small-business owner and hire others. She is applying for a loan to buy chipas to sell and invest in and improve her business.
El comité Dinámicas está conformado por 12 mujeres que realizan distintas actividades entre ellas la costura, venta de comestibles, empleadas entre otras.
Petrona es una de las miembros, ella se dedica a la venta de chipas (alimento típico paraguayo) con lo que ayuda a su familia. Cuenta Petrona que le está yendo muy bien, ya que la chipa siempre es consumida a cualquier hora del día, ya se ha hecho de muy buena clientela y está creciendo lentamente gracias a su esfuerzo.
Su meta es ser una gran microempresaria y dar trabajo a los demás.
Solicita de este crédito para la compra de chipas para la venta, y así invertir más en su negocio e ir mejorando.
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.