La Esperanza Group
Primitiva sells milk. She says that her work is very self-sacrificing because she gets up very early every day in order to deliver the milk. She does this so that it is on her customers’ tables at breakfast time.
She dreams that one day she will be able to have a dairy where she can sell her product.
She is requesting the loan to buy more milk. Buying in quantity is more economical. Thanks to this, her profit margin will be greater.
La Sra. Primitiva se dedica a la venta de leche, ella cuenta que su trabajo es muy sacrificado, ya que todos los días se levanta a muy tempranas horas para repartir la leche, para que a la hora del desayuno ya esté en la mesa de sus clientes. Sueña con algún día pode tener una lecheria donde vender su producto.
Ella solicita el credito para la compra de mas leche, ya que por cantidad le sera mas económico, y gracias a esto su margen de ganancia sera mayo.
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