Buena Vecindad Group
In the course of their cycles they have not had any difficulties. Thanks to their supportive work they have gotten ahead. They continue working in the program. They actively participate in weekly meetings. Their work is supportive, and they are an admirable team.
One of the members, Daniela, sells sweet and salty food. She prepares the food herself, and she sells it by going to different places. She is requesting a loan to buy the ingredients to make her food. She will buy things like meat, eggs, oil, condiments, and flour, etc.
El grupo en el transcurso de los ciclos, no tuvo inconvenientes gracias a su trabajo solidario lograron salir adelante y siguen trabajando con el programa hasta estos días.
Participan activamente en las reuniones semanales y tienen un trabajo solidario y en equipo admirable.
Una de las integrantes Daniela quien se dedica a la venta comestibles salados y dulces que ella misma prepara y los ofrece recorriendo varios lugares.
Ella solicita el préstamo para la compra de ingredientes para la elaboración de comestibles como carne, huevo, aceite, condimentos, harina, etc.
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