La Esperanza Group
One of the women is Claudia who tells us that she has a very well-stocked store that she’s had for a good length of time. Thanks to her store and her efforts she’s able to help her family and give them everything they need to get ahead. One of her dreams is to be able to continue to grow and be a great merchant.
She asks for the loan to buy basic staple items like baked goods, meat, dairy products, oil, canned goods and noodles, among others, to stock up and offer a wider variety to her customers.
Una de las miembros es la señora Claudia, quien nos cuenta que tiene una despensa bien surtida, la cual tiene hace un buen tiempo. Gracias a su negocio y a su empeño ella puede ayudar a su familia y de esa forma darles todo lo que necesitan para poder salir adelante. Uno de sus sueños es poder seguir creciendo y ser una gran comerciante.
Ella solicita el crédito para la compra de artículos de primera necesidad como ser, panificados, carnes, lácteos, aceites, embutidos, fideos entre otros, con las cuales podrá abastecerse y ofrecer más variedad a 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