Mujeres Divinas Group
Maria is a very hardworking person. She has a brick making shop in which she makes bricks to sell. She has a good clientele since she’s very good with her customers and with the orders she receives. She wants to continue working, and she’s quite motivated to do so.
Today she’s asking for a loan to invest in the purchase of clay and wood which will allow her to keep on making bricks to sell and earning money to support her family. She is thankful to all involved for the wonderful opportunity she’s gotten from Kiva and Fundacion Paraguaya.
Maria es una persona muy trabajadora, tiene una olería en la que fabrica ladrillos para la venta, se hizo de buena clientela ya que es una persona muy cumplida con sus clientes y con los pedidos que recibe. Ella quiere seguir trabajando y esta bastante motivada para hacerlo.
Hoy solicita de este crédito para poder invertirlo en la compra de arcilla y leña, que le permitirá seguir haciendo los ladrillos que vende, y así seguir teniendo los ingresos para ayudar a su familia. Agradecen todas las integrantes por esta gran oportunidad que están recibiendo de kiva y fundación paraguaya.
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