Mujeres Unidas Group
Ubaldina is one of the members of this group. She is from a neighborhood in Curuguaty where she has a small business selling vegetables and ice cream. Through her work, she is helping her family and providing them with their day-to-day necessities. She is a fighter and an enterprising woman. She says that as time goes by and with the help of everyone in the area, they can improve their surroundings and offer their families better security and a better future.
She has applied for a loan to buy vegetables and to expand her ice cream shop. She will then be able to continue growing her business and thus give her family everything they need to live free from hardship.
La Sra. Ubaldina es una de las integrantes, ella es de un barrio de Curuguaty donde tiene su pequeño negocio de Verdulería y heladería, y por medio de su trabajo esta ayudando a su familia, dándoles lo que necesitan para el día a día. Es una persona muy luchadora y emprendedora. Desea que conforme pase el tiempo, y por medio de la ayuda de todas las personas de su zona puedan ir mejorando su entorno y así ofrecer una mayor seguridad a sus familias, también poder procurar para ellos un mejor futuro.
Retiro este crédito para la compra de verduras y para ampliar su heladería, y de esa forma poder seguir creciendo con su negocio y dar así a su familia lo que necesitan para tener una vida sin privaciones.
More information about this loan
This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.
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