San Buenaventura Group
The group was named San Buenaventura for having been established on a date close to Paraguari’s Patron Saint’s celebration day. They commit to keeping together and to working in mutual respect of all the members, and they are currently working their sixth cycle with an excellent result.
Feliciana engages in selling food she herself prepares. She is a very self-sacrificing woman, but she desires to prosper together with her family. She works a lot in order to be able to punctually repay her debts, and she hopes the lenders will be able to help her through Kiva. If the loan is granted to her, she will invest it in the purchase of ingredients to prepare the food that she sells.
El comite lleva por nombre San Buenaventura por haberse creado en fecha próxima a la celebración del día del Santo patrono de dicha ciudad, ellas se comprometen a mantenerse unidas y trabajar bajo un marco de respeto mútuo entre todas, actualmente se encuentran en el sexto ciclo con calificación excelente.
La sra. Feliciana se dedica a vender comestibles preparados por ella misma, es una mujer muy sacrificada pero desea poder prosperar junto con su familia, trabaja mucho para poder pagar sus deudas en tiempo y forma, ella espera que los inversionistas puedan apoyarle económicamente mediante Kiva. Si se le otorga el crédito lo invertiría en la compra de insumos para la preparación de los comestibles que luego vende.
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