The women of this group are from the San José neighborhood in the city of Caacupé. They are currently in the fourth cycle of the program for enterprising women of the Fundación Paraguaya. They are women with a great desire to get ahead and to progress by means of working together as a group. Victorina forms part of this group and she comments that she is dedicated to selling clothing, whether for dress-up or for sports. She always has very good customers because she offers very good products to her clients. Her goal is to continue working in this way to be able to continue helping her family. She is asking for a loan in order to purchase clothing, which she will be able to sell and in that way have a good inventory in her business. She thanks the foundation and Kiva for the help that she is receiving.
Las mujeres del presente comité son del barrio san José de la cuidad de Caacupé. Se hallan actualmente en el ciclo número 4 del programa de mujeres emprendedoras de la fundación paraguaya. Son mujeres con muchas ganas de salir y progresar por medio del trabajo en conjunto de todas ellas.
Victorina forma parte de este grupo y ella nos comenta que se dedica a la venta de prendas, ya sean de vestir o de sport. Tienen muy buena clientela siempre por que ofrece muy buenos productos a sus clientes. Su meta es seguir trabajando y de esa forma poder seguir ayudando a su familia.
Ella solicita el crédito para la compra de prendas, las cuales podrá vender y de esa forma poder tener bien abastecido su negocio. Agradece a la fundación y Kiva por la ayuda que esta recibiendo.
About Fundación Paraguaya
Fundación 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.