Madres Luchadoras Group
One of the group's members is Margarita who, at every cycle, has shown a great desire to overcome obstacles and grow so that she can help her family.
Margarita makes a living selling cleaning products. She tells us that she has a good customer base as she always makes good cleaning products and her customers are always happy with her.
She is applying for this loan to pay for the microfranchising kit for cleaning products that "Fundación Paraguaya" offers to committee members. With the kit Margarita will be able to continue making her products and generating an income to help her family.
Una de las integrantes es la Sra. Margarita, quien durante los ciclos ha mostrado grandes ganas de superarse y crecer para poder ayudar a su familia. Ella se dedica a la elaboración y venta de productos de limpieza. Cuenta que se ha hecho de muy buena clientela ya que siempre hace muy buenos productos y sus clientes están muy contentos con ella.
Esta solicitando el crédito para la compra de microfranquicia de limpieza que ofrece la fundación paraguaya a las integrantes de comités, para que con ello pueda seguir haciendo sus productos y seguir generando ingresos para ayudar a su familia.
More information about this loan
This loan is designed for borrowers who want to open up their own microfranchises, with special focus on women and youth. As part of this program, Fundación Paraguaya provides each borrower with a microfranchise kit; business planning support; business, product and sales trainings; promotional materials; and office space to sell their products. Borrowers can open different types of microfranchises depending on their interests and skills. Fundación Paraguaya is one of the few microfinance institutions in the world that offers its borrowers the opportunity to open microfranchises.
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