This group is in its first loan cycle. It is a responsible group. We can speak of Silvina who is a woman very devoted to her group and to her community. She is very energetic and self-sacrificing and says that her goal is to do her utmost to give her her family everything she couldn't have.
One of the jobs she does is recycling all kinds of products, which she buys and then resells so that she can have a bit of profit. She is proud of what she does, as it is honest work with which she helps her family. She is asking for this loan to use to purchase recycled materials that are offered to her, which she will resell and have a profit margin.
Este comité se encuentra, en su primer ciclo es un comité responsable. Podemos hablar de la Sra. Silvina que es una señora muy dedicada a su comité y a su comunidad, ella es muy activa y sacrificada, y comenta que tiene como meta esforzarse al máximo para darle a su familia todo lo que ella no pudo tener.
Entre el trabajo que ella hace, comenta que se dedica al reciclaje de todo tipo de producto, los cuales compra y luego revende para poder tener un poco de ganancia. Está orgullosa de lo que hace, ya que es un trabajo honesto con el que ayuda a su familia.
Pide este préstamo para usarlo en la compra de materiales reciclados que le ofrecen, los cuales revenderá y así tendrá un margen de ganancias.
About Fundación Paraguaya
Fundación 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.