La Rosa Group
Monica is one of these women. She sells all types of vegetables. She comments that she has been able to develop a good clientele that always buys from her thanks to the good quality of her produce. One of Monica's goals is to have her own large location where she can offer her products. She is requesting this loan to buy tomatoes, onions, green peppers, lettuce, and other types of vegetables so that she can be well-stocked to meet her customers' demands.
Monica es una de estas mujeres, ella se dedica a la venta de todo tipo de verduras. Ella comenta que gracias a la buena calidad de los productos que vende ya pudo formarse una buena clientela que siempre compran de ella. Una de sus metas es tener un propio local grande donde ofrecer sus productos.
Ella solicita el crédito para poder comprar tomates, cebollas, locotes, lechugas y demás tipos de verduras para poder estar abastecida para cumplir con la demanda de 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