San Vicente Group
One of the members Mrs. Liz S. is 30 years old with three children. Her primary business is a food stand that she runs in the Fenix port. She makes lunches for the people who work at the port.
She is dedicated to her work and determined that her children will not want for anything. She works alongside her husband at the food stand. She will use her portion of the loan money to purchase the tools she needs to make her meals like pans, pots, and silverware.
Todas se encuentran muy contentas de formar parte del comité, y aseguran que seguirán trabajando para fomentar el grupo.
Una de las integrantes es la Sra. Liz S. tiene quien tiene 30 años, con 3 hijos, su actividad principal es su copetín que tiene en el puerto Fenix, prepara almuerzo a las personas que trabajan en el puerto.
Ella es una señora muy dedicada a su trabajo por no hacerle faltar nada a sus hijos, cuenta con el apoyo de su marido que esta con ella en el copetín.
Solicita el préstamo para renovar las herramientas de trabajo que ella utiliza para la elaboración de los comestibles, como sartenes, ollas, y cubiertos.
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