Mujeres Luchadoras Group
The women who make up this group are engaged in various productive activities. They will use the loan as working capital to buy more goods, in some cases, or will use it as capital for product development.
The businesses featured incluD.: sale of cosmetics (creams, makeup, colognes), selling clothes, selling fast food, selling chipas (typical meal Paraguayan maD. based on starch, cheese, flour and eggs), sale of purses maD. from polythene bags, etc.
These women yearn for a better future for their children - this is why they strive twice as hard to generate sufficient income to enable them to pay for their children's education. They want the country to move forward and to decrease the number of people who must migrate to other countries in search of job opportunities.
Translated from Spanish by Mayra Gould, Kiva volunteer.
El comité “Mujeres Luchadoras D. CD.” tiene 1 año formación posee un buen ahorro acumulado gracias al trabajo y dedicación D. estas mujeres, que son las bases mas fuertes D. este comité emprendedor.
Las señoras que componen este grupo se dedican a diversas actividades productivas, ellas utilizan el préstamo como capital operativo comprando mas mercaderías en algunos casos o insumos para la elaboración D. productos en el caso D. las señoras que se dedican a la venta D. comestibles.
Entre las actividades que realizan podemos citar: venta D. cosméticos (cremas, maquillajes, colonias), venta D. ropas, venta D. comidas rápidas, venta D. chipas (comida típica paraguaya hecha a base D. almidón, queso, harina y huevo), despensa, venta D. bolsas D. polietileno, entre otros.
Estas mujeres anhelan un futuro mejor para sus hijos, por eso se esfuerzan el doble para generar suficiente ingresos que les permita pagar los estudios D. sus hijos. Desean que el país salga adelante y que disminuya el número D. personas que debe emigrar a otros países en busca D. oportunidades laborales.
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