Las Emprendedoras Group
Dionisia is one of the members. She tells us that she sells charcoal for a living. She also says that she makes a lot of sales as charcoal is an alternative to gas since gas is very expensive. Thanks to her hard work she has been able to support her family and cover the expenses that arise daily.
She is requesting a loan to buy a large quantity of charcoal so she can stock more product. She is grateful to the foundation for the opportunity that they have given her.
Dionisia es una de las miembros, ella nos comenta que se dedica a la venta de carbón. Dice que tiene muchas ventas ya que el carbón ha sido un medio alternativo, pues el gas está muy caro. Gracias a su esfuerzo y trabajo a podido ayudar a su familia y cubrir los gastos que día a día surgen.
Ella solicita el crédito para la compra de carbón en cantidad, con lo cual podrá abastecerse y tener más productos en stock. Agradece a la fundación por esta oportunidad que 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