8 De Diciembre Group
Rosalia has been selling food products for a long time, so her business is strong and she has a solid customer base. One of her dreams is to keep growing and become a very successful businesswoman.
She is requesting the loan to buy breads, sugar, flour, oil, and other basic goods that are in high demand in a grocery store.
La señora Rosalia se dedica a las ventas, comenta que esto lo realiza hace ya un buen tiempo, por lo que le va muy bien y ya tiene una clientela bien formada. Uno D. sus sueños es poder seguir creciendo dia a dia y poder ser una gran comerciante que sobresalga.
Ella solicita el crédito para la compra D. panificados., azúcar, harina, aceite, y otros productos básicos y mas buscados dentro D. una despensa.
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