Mujeres Triunfadoras Group
Ramona is one of the members of the group: she sells food that she makes herself and then sells in the street. She is seeking this loan as she needs to have a stock of a variety of supplies to continue making her dishes such as vegetables, seasoning, meat, chicken and so on. Ramona describes herself as a fighter who is working to get ahead in life to help her loved ones.
Ramona es una de las integrantes del grupo, ella vende comidas que ella misma hace, y que luego sale a vender de manera ambulante. Ella pide este préstamo ya que necesita poder surtirse con insumos varios para seguir haciendo sus comidas, como verduras, condimentos, carne, pollo y demás.
Ramona se define como una persona muy luchadora que está trabajando por salir adelante para ayudar a sus seres queridos.
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