San Roque Group
One of these hardworking women is Señora Caren who with a lot of effort and thanks to her sales of sheets, has been able to grow and get ahead. She says that she is doing very well as she has very good sales due to an established client base. She is asking for the loan to buy more sheets with which to stock up and have more in stock as well as be able to meet her customers' demands. She is grateful to both Kiva and the Fundacion for the opportunity they give her.
Una D. esas mujeres muy trabajadoras es la señora Caren, quien con mucho esfuerzo y gracias a la venta D. sabanas que hace, ha podido ir creciendo y salir adelante. Comenta que le va muy bien ya que tiene muy buena venta pues ya tiene una clientela formada.
Ella solicita el crédito para la compra D. más sabanas con las cuales podrá abastecerse y tener más en stock, con lo que podrá cumplir con sus clientes, agradece 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