Mujeres Trabajadoras Group
Irma is one of the members of the group. She says that she has a small, well-stocked pantry with which she supplies the majority of her neighbors. She comments that she started with a small business, but thanks to work and sacrifice she has been able to come out ahead and grow along with her business. She asks for help from the foundation and from Kiva, in order to buy beverages, dairy products, edibles, and other necessary goods to supply her area. She is very happy for the opportunity that she is receiving.
Irma es una de las integrantes del grupo, ella cuenta que tiene una pequeña despensa bien surtida, con la cual abastece a la mayoría de sus vecinos. Comenta que empezó con un pequeño con un pequeño negocio, pero gracias a su trabajo y sacrificio ha logrado salir adelante y crecer con su negocio.
Ella solicita la ayuda de la fundación y de kiva, para la compra de bebidas, lácteos, comestibles y demás insumos necesarios para abastecer su local. Está muy contenta por la oportunidad que está recibiendo.
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