Jajatypeka Oñondivepa Group
One of the members is Sra. Zoraida, who owns a butcher shop. She says that she works every day, starting in the early morning hours, and always strives to provide good products to her customers. Through her business, Zoraida has been able to help her family move forward so that they can have a decent life.
She is requesting a loan to buy meat so that she will be stocked and have more inventory to satisfy her customers.
Una de ellas es la señora Zoraida, ella tiene una carnicería. Comenta que todos los días trabaja desde muy tempranas horas, tratando de brindar siempre buenos productos a sus clientes. Por medio de su negocio ella está ayudando a su familia a salir adelante y que tengan una vida digna.
Ella solicita el crédito para la compra de carnes, con lo cual podrá abastecerse y tener más cantidad para cumplir con 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