Virgen De Caacupe Group
Gabina has a business making and selling food that she has had for several years. She states that she has an established base of customers who always come to buy from her. She says that she has a lot of demand, especially at lunchtime. She dreams of having her own restaurant where she could offer her customers better service.
Gabina requests a loan to buy ingredients that she will use in making her food, such as: meat, vegetables, noodles and other items.
La Sra. Gabina se dedica a la elaboración y venta de alimentos, desde hace ya unos años. Manifiesta que tiene un grupo bien formado de clientes que siempre vienen a comprar de ella. Manifiesta que tiene mucha demanda, en especial para la hora del almuerzo. Sueña con tener un local propio donde ofrecer a las personas mejor servicio.
Ella solicita el crédito para la compra de los ingrediente que va a necesitar para la elaboración de sus comidas, como ser carne, hortalizas, fideos y demás.
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