La Alegria Group
Sra. Silvia is a member of the group. She earns her living selling food. She always has a lot of customers because her food is much appreciated. Silvia is known as a hardworking enterprising woman who is not afraid of work. Her principal goal is to continue growing her business as each day passes.
Silvia is seeking a loan to buy ingredients for the food she makes and as well to add to her supplies so she can make a greater variety of dishes. As a result she will increase her income and improve her standard of living. Silvia says that her household is greatly benefitting from the income from her business.
La Sra.Silvia es una de las integrantes, quien se dedica a la venta de comidas, comenta que siempre tiene muchos clientes pues sus comidas son muy apreciadas por sus clientes. Ella se define como una mujer muy trabajadora y emprendedora que no tiene miedo al trabajo, dice que su meta principal es seguir creciendo cada día más y más.
Ella solicita el crédito para invertir en los ingredientes que utiliza para elaborar sus comidas y así surtir más variedades de alimentos y de esta manera también mejorar su nivel de vida e ingreso económico. Ella nos comenta que mediante este negocio la economía en su hogar esta mejorando bastante.
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