La Amistad Group
One of the members is Señora Elva A., who prepares different types of jams in great quantities. She buys the fruits and prepares the jams and then goes around to a number of businesses where they offer her products. In addition, she has a business where she sells toys, clothing, and household utensils. She is a very hard-working woman and provides for her children in the best way possible. She is applying for this loan to purchase containers of different sizes because she wants to package her products for better presentation and handling.
Ellas están trabajando de forma unida para generar mas ingresos para sus familias.
Una de las integrantes es la señora Elva A. quién se dedica a elaboración de diversos tipos de dulces gran cantidad.
Ella compra las frutas y prepara los dulces y luego recorre varios negocios donde ofrece sus productos.
Además tiene un negocio donde vende juguetes, ropas, y utensilio para el hogar.
Ella es una señora muy trabajadora y mantiene a sus hijos de la mejor manera posible.
Solicita el préstamo para la compra de envases de diversos tamaños ya que desea envasar sus productos para una mejor presentación, y manejo de los dulces.
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