The group called “14 de agosto” is in its fifth cycle in the women’s committee. They are very hardworking women who recognized a great opportunity for them and their families in the committee. Zunilda is part of this group. She sells cleaning supplies she buys in mini franchises that Fundación Paraguaya provides. She’s a very hardworking woman who strives to give her family everything she was unable to have. She’s requesting this loan to buy micro franchises of cleaning supplies to resell thus continuing to offer her customers everything they need.
El grupo llamado 14 de agosto está en su ciclo número 5° del programa de comité de mujeres, ellas son mujeres muy trabajadoras que vieron una gran oportunidad para ellas y sus familias por medio del comité.
Zunilda es parte de este grupo, ella se dedica a la venta de productos de limpieza, los cuales compra en forma de microfranquicia que les provee la fundación paraguaya. Ella es una persona muy trabajadora que se esfuerza por poder dar a su familia todo lo que no pudo tener.
Solicita este crédito para la compra de microfranquicias de limpieza, para poder revender y de esa forma seguir ofreciendo a su clientela todo lo que necesita.
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.