Santo Domingo Group
In this instance we can talk about Sra. Rocio V.. She is 38 years old, has four children, and sells fruit from her house. Rocio acquires her produce at the farmers market in the early morning hours (around 4am). She is a beautiful woman who, through her business, helps her husband with the household expenses and their children’s education. She lives in a small house, so she wants to expand it so that she can also grow her business.
Her loan will be used to buy fruits and vegetables to sell. It will be useful to her family since she will be able to obtain more merchandise.
En este se pueD. hablar D. la Sra. Rocio V. con 38 años D. edad , tiene 4 hijos, tiene ventas D. frutas en su casa, la compra lo realiza en el mercado D. abasto a temprana horas( aproximadamente a las 4 A.M) .Es una Sra. muy guapa , con la actividad que realiza ayuda al marido con L. gastos D. la casa y L. estudios D. L. hijos.
Tiene una casa pequeña que desea ampliar para poder ampliar su negocio.
El crédito fue utilizado para la compra D. frutas y verduras para venta, el crédito es muy útil para la familia ya que mediante ella pueD. abastecerse D. sus mercaderías.
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