Virgen Del Perpetuo Socorro Group
Anselma sells vegetables. She comments that this is very demanding work since she rises early every day to be able to buy the vegetables she will sell. She says that everything she does is for her family’s wellbeing because she’d like to give them a different lifestyle, that is to say, one without deprivations.
She requests the loan to buy all types of vegetables to later resell. She is very grateful for the opportunity the Fundación grants her because she knows that the loan will be of much help to her.
La Sra Anselma se dedica a la venta de hortalizas. Comenta que este trabajo es muy sacrificado ya que todos los días ella se levanta a muy tempranas horas para poder comprar las verduras que va a vender. Dice que todo lo que hace es por el bien de su familia, ya que le gustaría poder darles un estilo de vida diferente, es decir, sin privaciones.
Ella solicita el crédito para la compra de hortalizas de todo tipo para luego venderlas, Está muy agradecida por la oportunidad que le da la Fundación, pues sabe que el crédito le será de mucha 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