One of these women is Sra. Vilia, who is the committee president. She is the owner of a brickyard. The work is very hard, but it enables her to support her family and provide for their daily needs.
Vilia is an enthusiastic person who has put a great deal of effort into obtaining everything that she has. She is requesting a loan so that she can invest in the purchase of clay for her brickyard. She will use this material for making bricks, which allows her to continue working and striving so that she can improve her life.
Es una persona muy entusiasta que con mucho esfuerzo fue consiguiendo todo lo que tiene. Ella solicita su crédito para invertirlo en la compra de arcillas para su olería, para la elaboración de ladrillos y así seguir trabajando y luchando por ir mejorando su vida.
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