San Antonio Ii Group
One very moving story is that of Ermelinda, who sells fish. She says that through this business, her family's finances improved considerably. This enables her to also help her husband with the household expenses, and with their children's schooling. One of her plans is to have a store where she can sell the varieties of fish that she has, as she knows that in that way she will attract more customers.
She is applying for the loan in order to buy fish for supplying her business. She is grateful to the Fundación for the opportunity it has given to her; since obtaining a loan will be a big help with her plans.
Una historia muy conmovedora es la D. la Sr. Ermelinda quien se dedica a la venta D. pescado, comenta que mediante este negocio la economía D. la familia mejoró bastante y D. esa forma también pueD. ayudar a su marido con los gastos D. la casa y con el estudio D. sus hijos. Uno D. sus proyectos es tener un local donD. pueda ofrecer la variedades D. peces que posee, ya que sabe que D. esa forma atraerá a más clientes.
Ella solicita el crédito para la compra D. pescados, para el abastecimiento D. su negocio. Agradece a la Fundación por la oportunidad que esta le da, ya que D. obtener el crédito le será D. gran ayuda en sus proyectos.
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