3 De Junio Group
Adela is one of the group’s members and she lives in her little house with her husband and children. She and her husband support one-another. She runs a small grocery store from her home and it is well stocked. She says that things are going well for her and that she has steady customers.
She is asking for this loan so that she can expand her business, now that her physical space is getting to be too small and she wants to continue expanding.
This group was formed four cycles ago and despite a few small problems, they always manage to come out ahead. Adela was the treasure when the group began and she always completed her duties very well and was very responsible with the members’ savings.
La señora Adela es una D. las miembros, ella ive en su casita con sus hijos y su marido y trabajan y se ayudan mutuamente. Ella tiene una despensa en su propia casa, el cual está bien surtido. Comenta que le va muy bien, pues ya tiene una clientela bien definida.
Ella solicita el crédito para para poder agrandar su negocio, ya que su espacio físico le está quedando pequeño y quiere seguir creciendo.
Este comité es un grupo que se formo hace cuatro ciclos atrás que a pesar D. tener pequeños problemas supieron salir siempre adelante. La señora Adela al empezar el grupo fue la tesorera del grupo y siempre supo llevar muy bien su cargo y es muy responsable en cuanto a los ahorros D. las integrantes .
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