Las Hermanas Group
Here we will talk about Fatima who has been selling food for several years. She gets up very early to prepare her food which she then goes out and sells. She makes her sales as a street vendor and her children help her.
Fatima is requesting this loan to buy meat, chicken and seasonings so that she can prepare the food that she sells.
Se puede comentar el caso de la Sra Fatima quien se dedica hace varios años a la venta de comida, ella se levanta muy temprano a preparar sus alimentos para salir a venderlos .La venta lo realiza de forma ambulante en lo cual la ayudan su hijos.
Ella solicita el crédito para la compra de carne, pollo, y condimentos, con lo cual podrá prepara los alimentos que ella vende.
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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