Paraizo Group

The Paraizo group is made up of people who live in the same neighborhood (Paraizo) in Saavedra. The members all know one another and operate businesses selling products such as clothes, food and cold drinks and, by the men, taxi services. This group is willing and able to grow their businesses. They are responsible men and women and they've all demonstrated their willingness to comply with the requirements of our institution.

Translated from Spanish by Jere Wiseman, Kiva Volunteer

El grupo "Paraizo" esta compuesto por persona que viven en el mismo barrio (barrio Paraizo) de la comunidad de saavedra, donde todas las socias se conocen y se dedican a la actividad del comercio como ser venta de ropa, venta de comida, venta de refrescos y los hombres trabajan de moto taxistas. este grupo tienen la mentalidad de crecer en sus actividades del comercio y son personas muy responsables que están dispuestos a cumplir con nuestra entidad y así demostrar la capacidad de pago que tienen cada una de ellas.


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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