Mujeres Luchadoras Group
One of the members is Lilian. She sells vegetables for a living. She says she has many customers who always buy from her. In other words, she already has a solid clientele. She says that her work allows her to help her family and to keep up her house.
She is asking for a loan to buy vegetables, which will allow her to increase the variety of what she sells and satisfy her customers. She thanks Kiva and Fundación Paraguaya for the opportunities they have given her.
Una de las miembros es la señora Lilian, ella se dedica a la venta de verduras, comenta que tiene muchos clientes que siempre compran de ella, es decir, ya tiene una clientela bien definida. Dice que por medio de su trabajo logra ayudar a su familia y a la manutención de la casa.
Ella solicita el crédito para la compra de verduras, con lo cual podrá aumentar su variedad y cumplir con sus clientes. Agradece a Kiva y a la Fundación por la oportunidad que esta le da.
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