The San Marcos Group is in its seventh cycle of the women’s committee program, in which each member is inspired by a better quality of life, and by providing their families with everything that they were not able to have. Nancy is one of the members of this group. She is very energetic and has a small grocery store, which is growing thanks to previous loan cycles and training sessions. Her goal is to continue growing her business and have a larger store in the future.
Nancy is requesting this loan to buy a variety of stock for her store, such as meat, drinks, milk and bread. This will help her develop a more specific business plan, which will help improve her income.
El grupo San Marcos está en su ciclo 7º del programa de comité de mujeres, donde cada una de ellas están inspiradas por una mejor calidad de vida, y por poder ayudar a sus familias a tener todo lo que ellas no pudieron tener.
Una de las integrantes es la Sra. Nancy, ella es una señora muy activa que cuenta con una despensa en su propia casa, por medio del prestamos de los anteriores ciclos y las capacitaciones ella es tá creciendo. Su meta es poder seguir creciendo y el día de mañana poder tener una despensa mas grande.
La Sra. Nancy solicita de este crédito para la compra de insumos varios para su despensa, como ser carne, bebidas, leche, pan y demás para la venta, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.
About Fundación Paraguaya
Fundación 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.