3 De Junio Group
Mrs. Adela lives in a humble little house with her husband and children and she has a small store that she wants to continue growing through the loan cycles. She wants to advance always with her micro-enterprise and to advance her family as well. She comments that all of the sacrifices she makes are for a better future for her children.
Adela is requesting a loan to buy groceries, drinks, garden vegetables, and other items to resupply her store. She has her hopes placed on the loan, since she knows that it will be a great help.
La señora Adela ella vive en su humilde casita con su marido e hijos y tiene su pequeña despensa que quiere ir agrandando a través de los ciclos. Ella desea salir siempre adelante con sus microemprendimientos y sacar adelante también a su familia. Comenta que todo el sacrificio que hace es por un futuro mejor para sus hijos.
Ella solicita el crédito para la compra de comestibles, bebidas, hortalizas y demás para el abastecimiento del local. Esta con las esperanzas puestas en el crédito, ya que sabe que le será de gran ayuda.
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