Mujeres Emprendedoras Group
One very touching story is that of Maria who makes a living selling food in the afternoon while in the morning she is a housekeeper. Nowadays, she is a widow and she finds herself struggling alone, but pushing herself to be able to work and come out ahead.
She is requesting this loan to be able to buy goods to make an assortment of food, such as vegetables, meat, condiments and more. All of the women are thankful for the opportunity they are getting to continue growing and fighting.
Una historia muy conmovedora es la de la Sra. Maria quien se dedica a la venta de comida en horas de la tarde y por la mañana es empleada doméstica. Hoy ella es viuda y se encuentra luchando sola, pero esforzándose por poder trabajar y salir adelante.
Ella pide este préstamo para poder comprar insumos para hacer comidas variadas, como ser verduras, carne, condimentos y demás. Todas ellas están agradecidas por la oportunidad que están recibiendo de seguir creciendo y luchando.
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