One of the members is Blanca who makes confectionery. She makes sweet pastries such as 'media lunas' (a type of croissant), 'alfajores' (a traditional Arabic confection), 'pasta frolas' (a type of latticed fruit pie), cakes and other baked products..
Blanca sells her products from her home and also delivers them to some neighborhood grocery stores. She comments that her products are requested by her customers because of their good quality.
Blanca is requesting a loan to buy ingredients for making her sweet pastries such as flour, 'dulces de guayaba' (guava preserve), strawberries, cherries and other products.
Una de las integrantes es la señora Blanca quien se dedica a la confiteria, ella fabrica masa dulces como media lunas, alfajores, pasta frolas, torta, ademas de otros panificados.
Ella vende sus productos desde su casa y tambien, distrubueye en algunas despensas del barrio.
Comenta que sus productos son solicitados por los clientes por la buena calida.
Ella solicita el préstamo para la compra de materia prima para la fabricación de comestibles dulces como harina, dulces de guayaba, frutilla, ciruela 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