This group is from the city of Itá. They are a large, twenty member group that works together to provide their families with all that they themselves couldn’t have. Sandra, a member of this group, is a street vendor, and sells various clothing and footwear. In this way, she has income to be able to support her family. Sandra is a very self-sacrificing person who is moving forward in spite of obstacles, thanks to her hard work. She is requesting this loan to invest in the purchase various winter clothing items, as well as shoes to continue with her sales as she has been doing. She is thankful for the opportunity that she is receiving, which will be a great help to her.
Este grupo es de la ciudad de Itá, tiene 20 integrantes, es un grupo numeroso que trabaja unido para poder dar a sus familias todo lo que ellas no pudieron tener.
Sandra es miembro de este grupo, ella se dedica a la venta de prendas varias y calzados varios, que vende en forma ambulante, y de esta forma tiene los ingresos para poder ayudar a su familia. Sandra es una persona muy sacrificada, que pese a los obstáculos está saliendo adelante gracias a su esfuerzo.
Pide este préstamo para poder invertirlo en la compra de prendas varias de invierno, y también de calzados para poder seguir con sus ventas como lo viene haciendo. Agradece por la oportunidad que está recibiendo que le será de mucha ayuda.
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.