Mujeres Unidas Group
Elva, one of the members, works making and selling sweets. She says that it is going very well for her in her work because her sweets are very much accepted by her customers. She works day to day and says that she starts working very early in the morning. Her dream is to be able to have a great candy store and being able to continue in this way with her micro-business. She is asking for this loan to buy ingredients to keep making her sweets, such as sugar, guayaba, fruit, sweeteners and more.
Elva, una de las integrantes se dedica a la producción y venta de dulces, cuenta que le está yendo muy bien en su trabajo ya que sus dulces son muy aceptados por sus clientes. Ella se esfuerza día a día, y cuenta que empieza a trabajar desde tempranas horas. Su sueño es podre tener una gran tienda de dulces y seguir de esa forma con su microemprendimiento.
Solicita de este crédito para la compra de insumos para poder seguir haciendo sus dulces, como ser azúcar, guayaba, frutas, edulcorantes y demás.
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