Las Emprendedoras 2 Group
One of the group's members is Claudia, who makes cleaning products that she sells to her neighbours and other customers. She is a very hard-working person and all the effort she puts in is to help her family to have a better future.
She is applying for a loan to pay for the rights to a microfranchise for cleaning products that the foundation is offering. Through this Claudia will be able to continue making the cleaning products that her customers so like.
Una de las integrantes es la Sra. Claudia quien cuenta que hace productos de limpieza, los cuales vende a sus vecinos y también a ocasionales clientes. Ella es una persona muy trabajadora y todo el esfuerzo que hace es por ayudar a su familia a tener un mejor futuro.
Ella solicita el crédito para la compra de microfranquicia de productos de limpieza que ofrece la fundación, y de esa forma seguir haciendo sus productos de limpieza que son muy aceptados por sus clientes.
More information about this loan
This loan is designed for borrowers who want to open up their own microfranchises, with special focus on women and youth. As part of this program, Fundación Paraguaya provides each borrower with a microfranchise kit; business planning support; business, product and sales trainings; promotional materials; and office space to sell their products. Borrowers can open different types of microfranchises depending on their interests and skills. Fundación Paraguaya is one of the few microfinance institutions in the world that offers its borrowers the opportunity to open microfranchises.
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