Mujeres Progresistas Group
Liz, one of the members, works selling food she makes herself. She relates that she works every day starting very early in the morning since she gets up to be able to prepare her meals. She’s very self-sacrificing and she comments that everything she does she does in order to grow and have a better life.
She’s asking for this loan to buy meat, vegetables, condiments, spices and others to continue delighting her customers with her delicacies.
Liz, una de las miembros, se dedica a la venta de comidas que ella misma hace. Cuenta que todos los días trabaja desde muy tempranas horas ya que se levanta para poder preparar sus comidas. Ella es muy sacrificada y comenta que todo lo que hace es para crecer y tener una vida mejor.
Solicita de este crédito para poder invertirlo en la compra de carne, verduras, condimentos, especias y demás, para poder seguir deleitando a sus clientes con sus delicias.
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