Nico Vive Group
One of these determined women is Luz, who sells all types of fruit. She says that she has had good fruit sales because she has gotten off to an excellent start. Luz defines herself as a very self-sacrificing woman. She begins each work day in the early morning hours and returns home very late. Luz is requesting a loan to buy seasonal fruits such as melons, watermelons, plums, apples, oranges, and other goods so that she can have more variety and fresh produce to offer to her customers.
Una de estas mujeres luchadoras es Luz, quien se dedica a la venta de frutas de todo tipo. Comenta que tiene buena venta ya que las frutas que vende tiene muy buena salida. Ella se define como una mujer muy sacrificada, ya que todos los días empieza a trabajar desde muy tempranas horas de la mañana y vuelve a casa ya nuy tarde.
Luz solicita el crédito para la compra de frutas de estación, como ser melones, sandias, ciruelas, manzanas, naranjas y demás, con las cuales podrá tener más variedad y productos frescos para poder ofrecer 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