Villa Del Sol Group
One of the members is Mirtha who has raised her children by selling cheese added to the sacrifice and hours of work she expends. She comments that she’s been doing this for some time now and it has helped her much which is why she’d like to continue doing what she does and if possible grow more and more.
She’s asking for help from the Fundación and from Kiva to buy cheeses in quantity which will help a lot to lessen costs and increase her profits. Mirtha, like her fellow members, is very grateful to the Fundación and to Kiva for the opportunity they give her.
Una D. las integrantes es la señora Mirtha, quien por medio D. la venta D. quesos ha logrado sacar adelante a su familia, sumado a esto el sacrificio y las horas D. trabajo que ella invierte. Nos comenta que hace un tiempo se dedica a ello y que le ha ayudado mucho, es por eso que le gustaría seguir en lo que hace y D. ser posible ir creciendo más y más.
Ella solicita la ayuda D. la fundación y D. kiva, para la compra D. quesos en cantidad, lo cual le será D. mucha ayuda para abaratar costos y que tenga mayor ganancia. Mirtha, al igual que sus amigas, está muy agradecida a la fundación y a kiva por la oportunidad que estas le dan.
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