San Cayetano Group
Josefina has a grocery store which provides an income to help with family expenses. She says she has a good customer base since most of them are neighbors. Her goals are to continue expanding the business and supporting the family.
She is requesting a loan through the foundation aimed at stocking her store with canned goods, sugar, flour, noodles, dairy products and other items so she can fill customer orders.
Josefina tiene una despensa, por medio D. la cual ayuda a su familia, gracias a los ingresos que esta le da. Comenta que tiene buena clientela ya que la mayoría D. sus vecinos van a su negocio. Entre sus planes está seguir creciendo y D. esa forma seguir ayudándole a su familia.
Ella solicita la ayuda D. la fundación para llenar D. productos su local con enlatados, azúcar, harina, fideos en bolsa, lácteos, y otros, con los cuales pueD. estar preparada para los pedidos D. sus 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