San Francisco Group
One of the members of this committee is Rogelia, whose business is selling all kinds of food. She tells us that her workday starts very early in the morning. She must get up early in order to prepare all the food that she will sell that day as she likes to make sure that she always sells fresh food to her customers. She tells us that she has a lot of customers and this makes her good income.
Rogelia is requesting this loan to buy meat, chicken, seasonings, baked goods, eggs and other supplies she needs to make the food that she sells.
Una D. las miembros es la señora Rogelia, ella se dedica a la venta D. comestibles D. todo tipo, nos comenta que su jornada D. trabajo empieza a muy tempranas horas, pues se levanta a preparar todos los alimentos que va a vender, ya que desea vender a sus clientes siempre productos frescos. Además D. eso dice que tiene muchos clientes, lo cual le genera buenos ingresos.
Ella solicita el crédito para la compra D. carne, pollo, condimentos, panificados, huevos y otros insumos necesarios para la elaboración D. los alimentos que ella venD..
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