Depending on each one’s situation, each invests her loan in an activity that will result in income with profits that they can use for their families.
Thus, Bibiana used her loan to buy beverages for a bar she has in her home.
She has many customers in the area that visit her establishment frequently, especially at night, because she also offers food items like: turnovers, hamburgers and pizzas.
Dependiendo de la situación en que se encuentra cada una invierte su crédito en una actividad que le pueda retribuir en un ingreso con ganancias que ellas puedan usar para sus familias.
Así la señora Bibiana invirtió en su crédito en la compra de bebidas para ofrecer en una cantina que ella posee en su casa.
Ella cuenta con muchos clientes de la zona quienes visitan su local frecuentemente en especial en horas de la noche ya también ella ofrece comestibles diversos como empanadas, hamburguesas y pizzas.
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