Santa Catalina Group
Rosa has a well-stocked grocery store. Thanks to this business she has been able to get ahead and generate the needed income to support her family. One of her dreams is to be able to have a “minisuper” (a small supermarket). Then she would be able to have greater income and attract more customers, not just from her neighborhood, but also from outlying areas. She says that everything she does is for the good of her family. She wants to give them everything that is good.
She is requesting the loan to buy food, drinks, vegetables, and other basic needs items. She will do this so that she can be well-stocked for any customer demand. She is very grateful to the foundation for opportunity it is giving her. Receiving the loan will be very useful.
La señora Rosa tiene una despensa bien surtida. Gracias a este negocio ella ha podido salir adelante y generar los ingresos necesaR. para la manutención de su familia. Uno de sus sueños es poder tener un minisuper con lo que podrá tener mayores ingresos y atraer a más clientes, no solo de su barrio, sino también de zonas aledañas. Comenta que todo lo que hace es por el bien de su familia, pues desea darles todo lo bueno.
Ella solicita el crédito para la compra de comestibles, bebidas, hortalizas, y demás productos de primera necesidad, para que de esa forma pueda estar bien surtida ante cualquier demanda de sus clientes. Está muy agradecida con la Fundación por la oportunidad que esta le da, ya que de obtener el crédito le será de mucha utilidad.
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