Rosa belongs to this group and works recycling all kinds of materials, such as carboard, aluminum, paper, and others. She says she goes out very early each day to collect these items. She collects them and resells them, and sometimes she purchases these materials and resells them in bulk in order to obtain higher earnings. She is a very selfless person and works very hard to give her family what they need.
She is requesting this loan to purchase aluminum, cardboard, paper, and other supplies in order to resell them so that she can have a greater profit margin.
Rosa es parte de este grupo, quien se dedica al reciclaje de todo tipo de materiales, como ser cartones, aluminio, papeles y demás. Ella comenta que todos los días sale desde muy tempranas horas a recolectar estos artículos. Ella los recolecta y los revende, y a veces compra dichos materiales y los revende en cantidad y así tiene mejores ingresos. Es una persona muy sacrificada que se esfuerza mucho por dar a su familia lo que necesitan.
Ella solicita de este crédito para la compra de aluminio, cartones, papeles y demás insumos para poder revenderlos y de esa forma poder tener un mayor margen de ganancias.
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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