Virgen Del Carmen Group
Blanca's business is selling all kinds of food such as burgers, empanadas, tortillas, etc. She is in charge of selling her own products. Every day she gets up very early in order to prepare the food which she later sells. She describes herself as a very hard-working and responsible person.
Blanca is requesting this loan to buy the ingredients that she needs to make her food.
La Sra. Blanca se dedica a la venta de comidas de todo tipo, tales como hamburguesas, empanadas, tortillas y demás y es ella misma se encarga de comercializar sus propios productos. Cada día se levanta muy temprano para poder preparar esos alimentos que va a vender. Ella se define como una persona muy trabajadora y responsable.
Solicita el credito para la compra de ingredientes para la elaboración de los alimentos.
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