Maria Auxiliadora Group
Sra. Ignacia, president of the group, lives in the city of San Lorenzo. She is married and has 2 children. She sells all kinds of drinks such as beer, whisky, wine, energy drinks and others. She tells us that she has many sales especally at the weekends which is when she has the biggest turnover. Through her hard work and effort, she has been able to get ahead and help with the household expenses and support of her family.
She is asking for a loan to buy beer, whisky, wine, energy drinks and others, with which to stock her business and in this way offer her clients more variety.
La Sra. Ignacia, presidenta del grupo, está domiciliada en la ciudad D. San Lorenzo, está casada, tiene 2 hijos. Se dedica a la venta D. bebidas D. todo tipo, como ser cervezas, whiskys, vinos, energizantes y otros. Comenta que tiene muchas ventas, en especial los fines D. semana, que es cuando tiene más salida sus productos. Por medio D. su esfuerzo y trabajo, ella ha podido salir adelante y ayudar con los gastos D. la casa y manutención D. la familia.
Ella solicita el crédito para la compra D. cervezas, whiskys, vinos, energizantes y otros, con lo cual podrá abastecer su negocio y D. esa forma ofrecer más variedades a los clientes.
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