Mujeres Emprendedoras Group
This committee is from San Lorenzo and in over the past more than five years of intense work they have grown socially as well as economically and are recognized in that area as very hard-working women.
Cristina, for example, sells fruits in a stand that she owns, but due to the seasonal change in the climate (summer to fall) she would like to be able to expand the range of fruits that she offers to her customers, but she needs a loan to help her to be able to acquire a large quantity of fruits so that she can improve her income.
Este comité es de San Lorenzo, en estos más de cinco años de intenso trabajo han crecido tanto social como económicamente, son reconocidas en el lugar como mujeres muy trabajadoras.
La sra. Cristina por ejemplo, vende frutas en un puesto que posee como propio, pero debido al cambio de estación de clima (verano a otoño) desea poder ampliar la gama de frutas que ofrece a sus clientes, pero para ello necesita de un crédito que la ayude a poder adquirir gran cantidad de frutas, de modo que pueda obtener mayores ingresos económicos.
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