Maria Auxiliadora Group
Idalina works as a street vendor of all types of products, such as sheets, blankets, bedspreads and more. She says she has lived with her spouse for several years and also with her children who help her a lot. She remarks that everything she has done is to help her husband and family.
She is asking for the loan to buy sheets, blankets, bedspreads and more to increase her stock and provide for her customers. She is thankful to the foundation for the opportunity it has given her.
La Sra. Idalina se dedica a la venta ambulante de todo tipo de productos, como ser sabanas, frazadas, sobrecamas y demás. Cuenta que vive en pareja hace varios años y con sus hijos que también la ayudan bastante. Comenta que todo lo que hace es por ayudar a su marido y a su familia.
Ella solicita el crédito para la compra de sabanas, frazadas, sobrecamas y demás, con lo cual podrá abastecerse y cumplir con sus clientes. Agradece a la fundación por la oportunidad que le da.
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