Primavera Ii Group
They created a committee called 'Primavera' (Spring) which currently has 15 members who all have a great fighting spirit since each one of them would like to make progress for the sake of their families as well as themselves.
All the members of the group sell snacks such as empanadas, tortillas, etc. The range of snacks they offer is a little limited so they would like to be able to invest a little more in their business. They are requesting this loan to invest in their small business. This will enable them to increase the range of products that they offer and thereby attract more customers. They dream that, in the not-too-distant future, they will be producing a large quantity of food which will enable them to increase their profits.
All of the members of this group have a great fighting spirit and want a better future.
Formaron juntas el comité denominado Primavera, el cual cuenta con 15 miembros actulmente, todas ellas con un gran espiritu de lucha, ya que cada una desea el progreso para sus familiares, asi como para ellas mismas.
Todas se dedican a la venta de minutas, como empanadas, tortillas, y demas, cuentan con una variedad un poco limitada para lo que ellas desean, por lo cual les gustaria poder invertir un poco mas en su negocio.
Solicitan el crédito para poder hacer una inversion en su pequeño local, con lo cual podran aumentar la variedad de sus productos y asi atraer mas clientes. Sueñan que en un futuro no muy lejano les estaria produciendo una gran cantidad de alimentos con lo cual podan aumentar sus ganancias.
Todas tienen un gran espiritu de lucha y quieren un futuro mejor.
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