San Salvador Group
Paola is one of these members. She sells all kinds of drinks and states that this business has helped her a great deal since thanks to it she has the necessary income to cover her household expenses and support her family. One of her dreams is to be ale to continue expanding her business and thus continue helping her family.
She is requesting a loan to buy beer, wine, liquor, whisky and other types of drinks so that she is able to meet her customers' demands.
Paola es una D. las miembros. Ella se dedica a la venta D. bebidas D. todo tipo, nos comenta que este negocio la ayudado mucho, pues gracias a el tiene los ingresos necesarios para cubrir los gastos D. la casa y la manutención D. la familia. Uno D. sus sueños es poder seguir creciendo con su negocio y D. esa forma poder seguir ayudando en la casa.
Ella solicita el crédito para la compra D. cervezas, vinos, licores, whiskys y demás tipos D. bebidas, con las cuales podrá abastecerse y 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