Las Emprendedoras Group
Silvia is 32 years old and married to Simon who is a worker. They have two children. She is a merchant and has a pantry from which she provides food to her neighbors in the barrio. She says that it began as a small business and gradually, with much sacrifice, grew to become what it is today.
She is requesting the loan to purchase baked goods, yerba mate (a popular South American herb that is brewed into a high-caffeine infusion), coffee, and other items for her business. Her goal is to expand her business and in this way, continue helping her family.
La Sra Silvia tiene 32 años de edad está casada con el Sr Simón quien es Empleado, junto tienen 2 hijos. Ella es Comerciante, tiene una despensa, con la cual surte a sus vecinos del barrio. Nos comenta que empezó con un pequeño negocio y que poco a poco con mucho sacrificio fue creciendo hasta llegar a lo que es hoy.
Ella solicita el crédito para comprar, panificados, yerba, café, etc. para su negocio. Posee una meta ampliar su negocio y de esa forma seguir ayudando a su familia.
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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