San Francisco Group
Fabriciana is one of the members of the group. She tells us that she sells all types of food like sandwiches, croquettes, empanadas, and others. Thanks to the fact that she has a gift for cooking, she has good clientele who always buy from her. Her goal is to be able to have a place where she can sell the food she makes.
She is requesting the loan to buy meat, chicken, ham, cheese, condiments, baked goods, and the rest of the ingredients she needs to make the food that she sells.
La sra Fabriciana es una de las integrantes del grupo, ella nos cuenta que se dedica a la venta de todo tipo de comestibles, como ser sándwich, croquetas, empanadas y demás. Gracias a que tiene muy buenas manos para la cocina tiene muy buena clientela que siempre compran de ella. Su meta es poder tener un local donde ofrecer los alimentos que vende.
Ella solicita el crédito, para la compra de carne, pollo, jamón, queso, condimentos, panificados y demás insumos necesarios para hacer los alimentos que vende.
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