Mujeres Unidas Group
One of the members of the group is Mrs. Justina. She has a small grocery store that has a good variety of items. Because of her business and her own efforts, she has been able to progress. Today it is more difficult to compete but she keeps up her efforts to grow the business and succeed.
She is asking for this loan in order to buy vegetables, fruit, bulk grocery items, noodles and other items. In this way she can have a good variety of items in her business. She can then help her family and also fulfill her customer’s requests.
Una de las integrantes es la Sra. Justina, quien tiene una pequeña despensa bien surtida. Ella por medio de su negocio y de su esfuerzo está saliendo adelante. Comenta que hoy en día es muy difícil poder luchar contra la competencia, pero que ella aun así se esfuerza por crecer y salir adelante.
La Sra. Solicita de este crédito para la compra de verduras, frutas, comestibles a granel, fideos y demás, ya que con ello podrá tener bien surtido su negocio y seguir ayudando a su familia y también cumplir con los pedidos de sus clientes.
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