San Miguel Group
The members define themselves as accomplished women who are hardworking and very responsilbe. They have one objective in common and that is to earn a greater income to cover their expenses.
Juana has a grocery store, one she has managed for some time now, and it is why she already has a well-defined clientele. She works hard day after day to generate a bit more income. She is the only on ewho is responsible for household expenses because a short time ago she became a widow. She lives with 5 of her children and with 3 grandchildren.
She requests a loan to purchase drinks, food products, milk products and other merchandise to supply her store. She is thankful to Fundacion (Kiva Field Partner) for the opportunity given to her. Obtaining a loan will be of great assistance.
Las integrantes se definen como mujeres luchadoras, trabajadoras y muy responsables. Tienen un objetivo común que es la obtención D. mayores ingresos para paliar los gastos D. cada una.
La señora Juana tiene una despensa, la cual explota desD. hace ya un tiempo, por lo que tiene ya una clientela bien definida. Ella lucha duro día a día por generar un poco más D. ingresos, ya que se encuentra sola con los gastos D. la casa ya que hace poco enviudo. Con ella viven 5 D. sus hijos y 3 nietos.
Ella solicita el crédito para la compra D. bebidas, comestibles, lácteos y demás para el abastecimiento D. su negocio. Agradece a la Fundación por la oportunidad que le da, pues D. obtener el crédito le será D. 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