Mujeres Activas Group
Andrea, the group’s precursor, comments that she works tirelessly walking throughout the streets because her work is very demanding: she’s a recycler. She collects all types of recyclable material like plastic bottles, cardboard and paper which with much effort she’s able to use to support her family. She comments that she’s very proud of what she does because it’s a honorable, honest job.
She requests the loan to buy bottles and cardboard in quantity to later resell at wholesale because this will leave a larger profit margin. She’s very grateful for the opportunity she’s given because it’s an opportunity for progress for her.
La señora Andrea, la precursora del grupo, comenta que trabaja incansablemente, recorriendo las calles, ya que su trabajo es muy sacrificado, ella se dedica al reciclaje. Junta todo tipo de materiales reciclables, como ser botellas de plástico, cartones, papeles, con lo cual con mucho esfuerzo logra mantener a su familia. comenta que está muy orgullosa de lo que hace, pues es un trabajo digno y honesto.
Ella solicita el crédito para la compra de botellas, y cartones por cantidad para la posterior venta al mayor, ya que eso le dará mayor margen de ganancias. Ella está muy agradecida por la oportunidad que se le da, pues es una oportunidad de progreso para ella.
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