Divino Niño Jesus Group
They are primarily dedicated to the sale of basic goods such as cooking oil, milk, soap, toilet tissue, among others. They are profoundly grateful to KIVA and the Fundación Paraguaya for the opportunity offered to them.
One of the group members works in a store she operates from within her house (selling products for home use). She sells all types of products in her store and she, herself, runs the business with the help of her family. They try to run it in the most efficient manner possible as it helps them cover their housing expenses.
She is requesting a loan in order to purchase more goods for her store, such as rice, pasta, dairy products, and baked goods, among others.
Son un grupo que en su mayoría se dedican a la venta de mercaderías de primera mano, como ser ( aceite, leche, jabón, leche, papel higiénico, entre otros . Agradecen infinitamente a KIVA Y la Fundación Paraguaya por la oportunidad brindada.
Una de las integrantes es la señora trabaja en una despensa que posee en su casa (venta de productos de uso domésticos).En la despensa se ofrecen todo tipo de productos, ella atiende el negocio con la ayuda de su familia y tratan de manejarla de la mejor manera posible ya que es muy importante en cuanto a la ayuda que brinda con los gastos de la casa.
Ella solicita el crédito para la compra de mercaderías para la despensa como; arroz, fideos, lácteos,panificados, y otros.
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