Virgen Del Carmen Group
Sofía works selling domestic chickens, which she achieved with great effort and sacrifice. Thanks to her hard work she gives her family everything they need to have a comfortable life, with no deprivation or restrictions. Her dream is to be able to have a place where she can sell her chickens.
She is requesting the loan to be able to buy chickens and in this way increase the stock she offers to her customers.
La señora Sofia se dedica a la venta de gallinas caseras, lo cual logró con mucho esfuerzo y sacrificio. Ella gracias a su arduo trabajo le da a su familia todo lo que ellos necesitan para tener una vida cómoda, sin privaciones ni limitaciones. Su sueño es poder tener un local donde vender las gallinas que tiene.
Ella solicita el crédito para poder comprar gallinas y de esa forma aumentar su 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