One of these woman is Mrs. Eva. She sells basic staples such as: pasta, rice, and vegetables. With this store, she makes an income to support her family. She wants to have a large business one day. She is requesting this loan to purchase pasta, rice, vegetables, and other products so that she can stock up and cover her customers' demand.
Una de estas mujeres es la señora Eva, quien se dedica a la venta de productos de primera necesidad, como ser: fideos, arroz, verduras, y demás, con lo cual surte a su vecindario y de paso obtiene el ingreso para ayudar a su familia. Ella desea algún día tener un negocio amplio y con más capacidad.
Solicita el crédito para la compra de fideos, arroz, verduras, y demás productos con los cuales podrá abastecerse y de esa forma cumplir con la demanD. de 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