Sagrado Corazón De Jesús Group
Celeste hopes to have this loan to acquire new hardware items to increase sales with more variety.
All the members carry out fund raising activities. They help each other reach common goals that they all have within the group and with Fundación Paraguaya.
Es un grupo que se destaca por su trabajo conjunto y solidario dentro del programa.
La Sra. Celeste espera contar con este crédito para adquirir nuevos productos de ferretería y lograr aumentar el negocio con mayores variedades.
Todas las integrantes realizan actividades para recaudar fondos, se ayudan mutuamente para llegar a los objetivos en común que todas tienen dentro del grupo y con la Fundación Paraguaya.
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