General Diaz Group
One of the members is Ms. Patricia, who devotes herself to selling prepared meals. She comments that she is able through her to work to improve her living standard considerably as well as her income. In addition she says that with this business her family's finances improved considerably, since currently they possess not only the income of her husband who is an employee of a business, but also the income from her business.
She is seeking the loan for the purchase of the ingredients necessary for making the foods she prepares, such as meat, chicken, vegetables and other items. She appreciates the support of the Foundation as, having obtained the loan, it will be of great help to her.
Una de las miembros es la Señora Patricia, quien se dedica a la venta de comidas, nos comenta que mediante su trabajo puede mejorar bastante su nivel de vida e ingresos económicos. Además de eso dice que mediante este negocio la economía de la familia mejoró bastante ya que actualmente pose además del ingreso de su marido que es empleado en un negocio, con el ingreso de su negocio.
Ella solicita el crédito para la compra de los ingredientes necesarios para la elaboración de los alimentos que elabora, como ser carne, pollo, verduras y otros. Agradece el apoyo de la Fundación, pues de obtener 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