Cumbre Del Sol Group
The members feel confident running their own businesses, since their businesses help them to support their families. They have all received training from financial advisors in order to improve their respective businesses, and each of them has created a good business plan.
Norma, for example, makes a living selling sweets, and this business has allowed her to earn a decent income to help her family. She makes the sweets by purchasing fruit pulp and other ingredients and mixing them together.
Norma has many reliable customers because of the quality of her products, and she always sells all of the sweets that she prepares.
She is grateful to Fundación Paraguaya and Kiva for the credit help they have offered her.
Las integrantes se sienten seguras trabajando en sus propios negocios, lo que comercialmente realizan les ayudan al sustento familiar, para el mejor de sus respectivos negocios ellas reciben la capacitación de las asesoras y de manera cada una realiza una buena planificación.
La señora Norma se dedica a la venta de dulces, y con este negocio ella obtiene buenos ingresos para ayudar a su familia.
Ella para elaborar los dulces compra las pulpas de frutas y otros ingredientes que se agregan en el preparado.
Por la calidad de sus productos ya tiene clientes seguros y vende todo lo que prepara.
Agradece a la Fundación Paraguaya y Kiva por la ayuda crediticia que les brinda.
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