Las Merceditas Group
Luisa is one of the committee's members. Her business is selling sheets, food and fish. As you can see, she is a very dynamic and hard-working woman who does everything she can to help her family and provide them with a decent life. She starts working very early in the morning and keeps going until very late at night.
Luisa is requesting a loan to buy sheets in different materials. This will enable her to stock her business and fill the orders that she has. She is grateful to Fundación Paraguaya and Kiva for the opportunity that she is receiving.
La Sr. Luisa es una de las miembros ella se dedica a la venta de sábanas , de comida y pescados , como se puede ver ella es una señor amuy dinámica y trabajadora, hace todo lo posible por poder ayudar a su familia y darles una vida digna. Ella empieza a trabajar desde muy tempranas horas del día hasta muy tarde en la noche.
Ella solicita el crédito para la compra de sabanas de diferentes materiales, con lo cual podrá surtirse y cumplir con los pedidos que tiene. Agradece a la fundación y a Kiva por la oportunidad que está recibiendo.
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