Mujeres Activas Group
Sra. Griselda is one of the members of this group. She sells fruits and vegetables, which helps her to feed her family. Griselda wants to offer a wider variety of fruits and vegetables to her customers, so she hopes to have more merchandise and generate more income as a result. She is requesting a loan so that she can buy a variety of fruits and vegetables.
La sra. Griselda, una de las integrantes del grupo, se dedica a la venta de frutas y verduras, con esta actividad ella aporta a su canasta familiar, desea poder ofrecer mayor variedad de frutas y verduras a su clientela, tener mas mercaderías y generar mayor ingreso.
Solicita el crédito para la compra de variedades de frutas y verduras.
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