Mujeres Alegres Group
Sara is one of these women. She makes bricks. She has her own brick factory where she invests her time, money and labor. She is a hard-working woman who has demonstrated that she can get ahead by way of her own effort.
Sara is requesting this loan to buy clay and wood so she can continue with her brick-making and have the revenue she needs to support her family. All the members are grateful for this opportunity they are receiving.
Ella es una persona muy trabajadora, que ha demostrado que quiere salir adelante por el esfuerzo que esta haciendo.
Solicita de este crédito para poder invertirlo en la compra de arcilla y de leñas para poder seguir con su oleria y de esa forma tener los ingresos para poder seguir ayudando a su familia. Agradecen todas las integrantes por esta oportunidad que estan recibiendo.
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