Jeiko Porave Rekavo Group
Paulina has a grocery store through which she has been able to get ahead in life. Through her business, she has been able to make more income with which she is able to cover all her household expenses. She dreams of some day being able to expand her business so that she has more space for displaying her merchandise.
Paulina is requesting a loan to buy food, drinks, dairy products and vegetables to stock her business. She is grateful to Fundación Paraguaya for the opportunity that they are giving her.
La Sra. Paulina tiene una despensa, por medio del cual ha podido salir adelante, por medio de su negocio ella ha podido generar mas ingresos con lo cual puede solventar todos los gastos de la casa. Ella sueña con algún día poder ampliar su negocio lo cual le servirá para poder tener mas espacio donde exhibir sus mercaderías.
Ella solicita el crédito para la compra de comestibles, bebidas, lácteos, y hortalizas para abastecer su negocio. Ella agradece a la Fundación por la oportunidad que le brinda.
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