Rosa Místico Group
Each member is happy with the work that she does such as Mrs. Mirta Alcarez. She has a shop where she sells articles for the house.
She now wants to expand her business to supply other stores in the area and for that reason she wants to buy merchandise in bigger quantities to distribute.
She is asking for a loan to buy bread, dairy products, noodles, canned goods, cold cuts and other products of general consumption.
Cada integrante se encuentra satisfecha con la actividad que realiza así como la señora Mirta A. quien tiene una despensa donde ofrece varios artículos para la casa.
Actualmente quiere ampliar su negocio para abastecer a otras despensas de la zona y para ello debe compra mercaderías en mayor cantidad para distribuirlos.
Solicita el préstamo para invertir en la compra de panificados, lácteos, fideos, enlatados, embutidos y otros productos de consumo masivo.
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