Santa Maria Group
One of the members is Rosalina, who sells beverages. She has a place where she sells the beverages and she tells us that on the weekend she has the highest sales. In addition, she tells us that the business really benefits her since selling beverages earns a good income and she wants to continue doing it. Her family helps her, especially on weekends, since she is open until very late.
Una de las integrantes es la señora Rosalina quien se dedica a la venta de bebidas.
Ella tiene un salón donde ofrece las bebidas que tiene para la venta y nos comenta que los fines de semana tiene la mayor venta.
Además comenta que el negocio le beneficia bastante ya que la venta de bebidas deja buena ganancia y quiere seguir con la misma.
Su familia le ayuda especialmente los fines de semana ya que abre su negocio hasta altas horas de la noche.
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