Virgen Del Pilar Group
Sra. Flavia sells all types of food. She says that through her work, she has been able to improve in her activities, her standard of living, and her financial income. Flavia says that thanks to her efforts and with the help of her husband, she has been able to grow her business a little bit at a time. She is requesting a loan to buy supplies for preparing her dishes such as meat, chicken, condiments, and other items.
La D. la Sr. Flavia se dedica a la venta D. comidas D. toda variedad, nos comenta que mediante su trabajo pudo mejorar bastante su actividad y su nivel D. vida e ingreso económico. Dice que D. a poco y gracias a su esfuerzo y con la ayuda D. su marido ella ha podido crecer en su negocio.
Ella solicita el crédito para la compra D. los insumos para la elaboración D. los alimentos que prepara, como ser carne, pollo, condimentos y demás.
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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