Mrs. Bibiana Benitez is very humble, responsible and hard working. She contacted the Fundación intending to participate in the Enterprising Women Committee with her friends and neighbors from the neighborhood.
Thanks to Fundación Paraguaya all the members improved their quality of life satisfying all their basic needs and those of their homes.
These same women feel very proud to be part of this committee because, thanks to the support, loans and training received previously from the Fundación, they opened and their doors are still open in various places. The committee is in its fifth cycle.
Bibiana sells foodstuffs and wants to get another loan to buy drinks, baked goods and vegetables, among other groceries for her customers.
La Sra. Bibiana B. es muy humilde, responsable y trabajadora, ella contactó con la Fundación, con el fin de participar del proyecto Comité de Mujeres Emprendedoras, con sus amigas y amigas de su barrio.
Gracias a la Fundación Paraguaya todas las integrantes mejoraron su calidad de vida satisfaciendo todas sus necesidades básicas y las de su hogar.
Las mismas mujeres se sienten muy orgullosas de estar formando parte del comité, porque gracias al apoyo, crédito y capacitación recibidas anteriormente por la Fundación se abrieron y sigue abriendo puertas en los distintos lugares.
El comité se encuentra en el Quinto Ciclo.
La sra. Bibiana se dedica a la venta de comestibles y desea poder adquirir otro crédito para comprar más bebidas, panificados, legumbres, entre otras mercaderías que sean de primera necesidad para sus clientes.
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