Santa Lucía Group
Señorita Maria Luz A. has two children, both of whom help her with the household chores while she goes and sells games of chance/lottery tickets. She is a hardworking person with a great desire to progress. Her motto is, "If one encounters challenges, they can always be overcome with a little bit of sacrifice."
La Sra. Maria Luz A. tiene dos hijos, quienes la ayudan realizando los trabajos de la casa mientras ella se va a vender quiniela (juego de azar). Es una persona muy trabajadora con muchas ganas de progresar.
Ella dice "Si uno se propone metas, todo se puede lograr con un poco de sacrificio".
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