Mujeres Unidas Group
One of the group members is Ms. Catalina. She has a "kiosko" (a shop) in her home which is stocked with all kinds of products, such as beverages, sweets, prepared food and other items. Thanks to her small business she has been able to get ahead and help her family cover daily expenses. Her goal is to be able to have a large business and so have more customers.
She is seeking the loan for the purchase of beverages, sweets, and other items, in order to continue offering a good variety to her customers.
Una de las integrantes del grupo es la Sra. Catalina, ella tiene un kiosko (puesto de ventas) en su casa, el cual está abastecido con todo tipo de productos, como ser bebidas, golosinas, minutas y demás. Gracias a su pequeño negocio ha podido salir adelante y ayudar a su familia para poder cubrir los gastos del día a día. Su meta es poder tener un gran negocio y de esa forma tener más clientes.
Ella solicita el crédito para la compra de bebidas, golosinas y demás artículos para poder abastecer su negocio, y de esa forma poder seguir ofreciendo buena variedad a sus clientes.
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