Juntas Podemos Group
Señora Mirian, who is the president of the group, sells silver jewelry. She says that she is hopeful that through the communal bank program, their training will be completed, and that by means of the loan they can continue improving their living conditions and those of their families.
She is requesting this loan for the purchase of silver jewelry, which will help her to implement her business plan, and improve her income.
La Sra. Mirian es la presidenta del grupo, quien se dedica a la venta de joyas d plata, comenta que tiene sus esperanzas puestas a que por medio del programa de comité, sumado a las capacitaciones y por medio del préstamo vayan mejorando sus condiciones de vidas y la de sus familias, ella solicita de este préstamo para la compra de joyas de plata, lo que le ayudará a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.
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