Virgen De La Candelaria Group
Ms. Graciela T. sells items that are typically used in the home, especially for feeding a family. She already has a small store set up, from which she sells to her neighbors. She is very satisfied with her business, as it covers all of the nutritional expenses for her family, which is the most important thing to her. She is requesting this loan to buy noodles, rice, sugar, yerba mate [a bitter herbal tea], oil, and other items.
La señora Graciela T. se dedica a la venta de productos de uso domésticos especialmente para el consumo de la familia, y la tiene la despensa que les provee a sus vecinos.
Esta muy satisfecha con su negocio ya que el mismo cubre todo los gasto de alimentación de la familia que es lo más importante para ella.
Solicita el préstamo para la compra de fideos, arroz, azúcar, yerba mate, aceite y otros.
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