Mujeres Unidas Group
One of the members, señora Ignacia, sells drinks. Through this business, she supports her family. She tells us that she has many clients and consequently a lot of demand. Her busiest days are on weekends. On Sundays, most people don't work and they make the most of spending time with their families. She hopes someday to be able to expand her business so she can increase her storage capacity.
The requested loan will be used to purchase drinks like beer and wine to supply her store. She is hopeful for the credit because it will be of much use to her.
Una de las integrantes, la señora Ignacia, se dedica a la venta de bebidas, por medio de este negocio puede mantener y sustentar a su familia, comenta que tiene muchos clientes y por consiguiente mucha demanda. Los días donde más pedidos tiene son los fines de semanas, pues los domingos casi no se trabaja y las personas aprovechan para compartir en familia. Desea, algún día poder ampliar su negocio, con lo cual podrá aumentar su capacidad de almacenaje.
El crédito es solicitado para la compra de bebidas, como ser cervezas y vino, para el abastecimiento del local. Está esperanzada en el crédito, pues le será de mucha ayuda.
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