The Mujeres Unidas (Women United) communal bank is in its first loan cycle. All the women work together in the program. In addition to their individual activities, they also work together. They mutually help each other to reach their goals, which are working to support their families. One story is that of Lorena, who works selling oil, flour, sugar, and meat to make empanadas and milanesa (breaded cutlets), picadillo (a dish with ground beef and tomatoes), detergent, and vegetables, which she herself brings from another country. Lorena's goal is to improve her work, her living conditions, and her income. She says that through this business, the household economy has improved, but she wants to keep working to grow more.
She is asking for the loan to buy oil, flour, sugar, and meat, with which she will be able to continue with her sales and meet any orders from her customers. There are extra people in the photo because there are women in the photo that aren't asking for credit, but that help the borrowers.
El comité Mujeres Unidas se encuentra en el 1ciclo, donde todas trabajan en forma conjunta y solidaria dentro del programa. Además del trabajo independiente de cada una, también se desarrolla actividades en forma conjunta, se ayudaran mutuamente para llegar a los objetivos que es la de trabajar para apoyar a sus familias
Una historia es la de la Sra. Lorena quien se dedica a la venta de aceite, harina, azúcar y carne para hacer empanada y milanesa, picadillo, jabón en polvo, y verduras en general, que ella misma trae de la otro país; la meta de Lorena es poder mejorar su actividad y su nivel de vida e ingreso económico Ella nos comenta que mediante este negocio la economía de la familia mejoró pero quiere seguir esforzándose para crecer más.
Ella solicita del crédito para la compra de aceite, harina, azúcar y carne, con lo que podrá seguir sus ventas y poder cumplir así cualquier pedido de sus clientes. En la foto del grupo aparecen mas personas ya que en el grupo hay mujeres que no estan solicitando crédito, pero que ayudan a sus compañeras.
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.