Mujeres Unidas Group
Blanca is one of the members, and she sells all types of food. She remarks that every day she gets up very early to prepare the food she sells. She says she has a good clientele and that helps with her income.
She is asking for the loan to buy meat, ham, cheese, vegetables and other necessary ingredients. She is thankful to the institution and Kiva for the opportunity they have given her.
Blanca es una de las miembros, quien se dedica a la venta de comestibles de todo tipo. Comenta que todos los días se levanta muy temprano para preparar los alimentos que vende. Dice que tiene muy buena clientela, lo que la ayuda con sus ingresos.
Ella solicita el crédito para la compra de carnes, jamón, queso, hortalizas y demás insumos necesarios. Agradece a la fundación y a kiva por la oportunidad que estas le dan.
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