Papa Paulo Group

The group "Papa Paulo" is managed by Maria Elizabeth and has 14 members. The majority of the members sell merchandise such as cosmetics, meat, food, chicken or drive taxis. As in any business, strong competition exists in the businesses of this group, but thanks to experience the members of the group know how to succeed. This loan will be used to purchase merchandise, consumables, materials, and tools to help them earn more income and give their families a higher standard of living. The group members have sufficient experience with cooperative groups thanks to loans from organizations similar to the fundación Agrocapital, which organization helps them to raise the standard of living of their families.

Translated from Spanish by Jeff Schell, Kiva Volunteer

El grupo “Papa Paulo” esta dirigido por la señora Maria Elizabeth y conformado por 14 miembros de los cuales una mayoría se dedican al comercio de mercadería como cosméticos, carne, comida, pollo y al trasporte público de pasajeros. Como en todo rubro comercial existe un alto nivel de competencia en su rubro, pero gracias a su experiencia los miembros del grupo saben como salir adelante. El destino del financiamiento es para la adquisición de mercadería, insumos, materiales y herramientas que les ayuden a generar una mayor ganancia para brindarles a sus familias una mejor calidad de vida. Las socias del grupo tienen bastante experiencia en grupos solidarios gracias a financiamientos en entidades similares a la fundación Agrocapital que les brinda una apoyo económico para sacar adelantes a sus familias.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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