Mujeres Unidas Al Progreso Group
Maria is a member of this group. When Maria last completed the survey, she was on level one of the poverty scale which means that she is below the poverty line. She is a very hard-working person who works hard day in day out for the sake of her family so that she can give them everything she was not able to have herself. She hopes that by selling clothing she will be able to make progress in life. Maria comments that she has a very good customer base and her business is making her the income she needs to help her family. She is requesting this loan to invest in buying clothing as she would like to have a good range of garments to sell to her customers. She will invest in her business and continue working as she has been up to now.
Una de las integrantes es la Sra. Maria, quien en su última encuesta mostró un nivel de pobreza dentro del nivel uno, lo que muestra que esta por debajo de la línea de la pobreza. Ella es una persona muy trabajadora que lucha día a día por su familia, para darles lo que ella no tuvo, y con la venta de ropa que hace quiere salir adelante. Comenta que ya tiene muy buena clientela y que con esto esa teniendo los medios para ayudar a su familia.
Solicita de este crédito para poder invertirlo en la compra de prendas, ya que quiere poder tener una buena variedad que poder ofrecer a sus clientes y de esa forma invertir en su trabajo y seguir luchando como lo viene haciendo.
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