El Triunfo Group
Sra. Lina sells fruit. She has been married for 20 years to Sr. Victor, who owns a tire shop. They have five children, one who is grown while the other four are in school. Lina says that through her business she has been able to help her husband with the household expenses. By partnering together, they have been able to establish their home.
Lina is requesting a loan to buy seasonal fruits such as bananas, watermelons, melons, grapes, and other types of produce so that she can restock her inventory and satisfy her customers.
La sra. Lina se dedica a la venta de frutas en general. Esta acompañada hace 20 años con el señor Victor quien tiene una gomería, tienen cinco hijos, uno mayor de edad y cuatro menores que van a la primaria. Lina comenta que por medio de su negocio ha podido ayudar a su marido con los gastos de la casa y de esa forma poder llevar juntos el hogar.
Ella solicita el crédito para la compra de frutas de estación, como ser bananas, sandias, melones, uvas y demás tipos de frutas para poder abastecerse y cumplir con 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