Virgen De Caacupe Group
Sra. Maria has lived with her partner Sr. Salín for eight years. He sells candy. They have two young children. Maria sells all types of clothing, a job that brings in much needed money to pay for household expenses. Her goal is to have her own stall in the Luque market one day and sell clothing there. This would bring in more money for the family and pay for basic needs.
Maria is seeking a loan to buy a greater variety of clothing so that she can attract more customers.
La sra. Maria está en pareja hace 8 años con el señor Salín quien se dedica a la venta de caramelos, tienen dos hijos menores de edad. Maria Trabaja en la venta de ropas de todo tipo, trabajo el cual le ayuda mucho para cubrir los gastos de la casa. Ella tiene como meta tener un local propio en el mercado de Luque donde poder vender ropas y así ir mejorando el ingreso de su familia y satisfacer sus necesidades básicas.
Solicita el crédito para la compra de prendas, con lo cual podrá aumentar su variedad y de esa forma atraer a más 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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