Maria Auxiliadora 4 Group
Maria is a member of this group and also the president of the group. She is a hard-working person who always puts in her best effort in order to improve her life and that of her family. She sells different kinds of jewelry and through this work has the revenue she needs to to help her family. She is requesting a loan to to buy jewelry which will allow her to continue growing and selling her product. She is grateful for the opportunity being offered to the whole group that makes up a part of the Woman's Committee.
Integra este grupo la Sra. Maria, quien es la presidenta de este grupo, se destaca por ser una persona muy trabajadora, que pone siempre su mayor esfuerzo por ir mejorando su vida y la de su familia. Se dedica a la venta de joyas de variadas clases, y por medio de ese trabajo tiene los ingresos que necesita para poder ayudar a su familia, y esta vez pide de este préstamo para poder comprar joyas, que le permitirá poder seguir creciendo y continuando con sus ventas. Agradece por la oportunidad que todas reciben de formar parte de este programa de comités.
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