Maria Auxiliadora Group
Amada is a hardworking woman who is a fighter. She works every day to giver her family the best. She tells us that she sells milk, which she does from very early in the morning, since she has to get her product out for the breakfast time. Her goal is to have a locale where she can sell her milk.
She is asking the Fundación Paraguaya and Kiva for help to buy milk. this way, she will have a good stock to offer her customers.
Amada es una mujer muy trabajadora y luchadora, quien se esfuerza día a día por darle lo mejor a su familia. Ella nos cuenta que se dedica a la venta de leche, lo que hace desde muy tempranas horas de la mañana, ya que tiene que llevar su producto para la hora del desayuno. Su meta es poder tener un local donde ofrecer su leche.
Ella pide la ayuda de la fundación paraguaya y de kiva, para la compra de leche, y de esa forma tener un buen stock para 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