Santa Rosalia Group
Gladis is the treasurer of the group. She plans to use the loan to buy clay and firewood to make bricks since that is what she does for a living. She is a very dedicated person who struggles for her family because she wants to give them the things she was unable to have.
She is very grateful for this opportunity which will be of much help to her.
La señora Gladis es la tesorera del comité, ella invierte su crédito en compra de arcillas y leñas para la elaboración de ladrillos, ya que a eso ella se dedica. Es una persona que está luchando por su familia, ya que quiere darles todo lo que ella no pudo tener.
Esta muy agradecida por esta oportunidad que recibe y que le será de mucha ayuda.
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