Mujeres Luchadoras Group
Maria produces cleaning products under a franchise arrangement offered by the foundation to its women members. She has applied for a loan to buy cleaning micro franchises so that she can continue to produce cleaning products for her customers. She is grateful for the support she is receiving.
Una de las integrantes es la Sra. Maria, quien a través del esfuerzo y el trabajo continuo y las aplicaciones de los comportamientos vitales de una mujer exitosa está creciendo y mejorando. Maria, la presidenta de este grupo se dedica a la elaboración de productos de limpiezas que realiza gracias a las microfranquicias de limpieza que ofrece la fundación a sus señoras.
Ella solicita de este crédito para la compra de microfranquicias de limpieza, para que de esa forma pueda seguir haciendo sus productos de limpieza y cumpliendo con sus clientes. Agradecen por la oportunidad que están recibiendo.
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