Regina is a member of the group. a very unselfish woman, who works collecting recyclable materials in the streets. She also buys and re-sells these materials to create some more income. She states that she is proud of what she does as it is honest and dignified work. Regina is asking for this loan to buy plastic, boxes and other materials that she will re-sell and create some more revenue.
Regina es parte de este grupo, ella es una mujer muy sacrificada, que se dedica a la recolección de materiales reciclables, en forma ambulante, también los compra y luego revende a mejor precio para tener un poco mas de ganancias. Ella cuenta que está orgullosa de lo que hace que es un trabajo signo y honesto.
Solicita de este crédito para poder invertirlo en la compra de plásticos, cartones y demás insumos que revenderá y podrá tener una ganancia extra.
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