Costa Pucu Group
One of the women is Mrs. Rafaela, who is a fighter and sacrificed woman. She says that everyday she starts works very early distributing the milk she sells, since she wants her customers to have her product for the breakfast hour.
One of her goals is to become a great storekeeper, to generate greater earnings and continue helping her family.
She is requesting a loan to buy a lot of milk, so that she is well stocked and can meet the needs of her customers. She is grateful to the foundation and Kiva for the opportunity provided to her.
Una de esas mujeres es la señora Rafaela, quien es una mujer muy luchadora y sacrificada, nos cuenta que todos los días empieza a trabajar desde muy tempranas horas repartiendo la leche que vende, ya que quiere que sus clientes ya tengan su producto para la hora del desayuno. Una de sus metas es convertirse en una gran comerciante, para generar mayores ingresos y seguir ayudando a su familia.
Solicita el crédito para la compra de leche en cantidad, para que de esa forma esté abastecida y pueda cumplir con sus clientes. Agradece a la fundación y a kiva 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