Perpetuo Socorro Group
These women are active and hard working. They are engaged in the activities mentioned (see sidebar). They are looking for a little more support. A loan will give their family income a boost and improve their quality of life.
They need operating capital to invest in their respective jobs. Then they can achieve sustainable growth. This will make them grow individually and as a group.
Estas Señoras son activas muy trabajadoras y se dedican a las actividades ya mencionados mas arriba. Ellas buscando un poco mas de apoyo para fomentar atravez del crédito sus ingresos familiares y mejorar su calidad de vida.
Necesitan de esta operación crediticia para invertir en sus respectivos trabajos y así poder lograr un crecimiento sostenible que les haga crecer como grupo y en forma individual.
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