Santa Rosa Group
Señora Agustina is one of the members of the group. She sells plants of all types and also fertilizer. She no longer has young children, and her husband does construction work. She comments that she sacrifices a lot to be able to help her husband with the household expenses and in this way to be able to make everything easier. Her goal is to be able to have a large nursery for plants, where she will have a great variety to offer to her customers. She is applying for a loan for the purchase of plants and also fertilizer so that she can be well stocked and in this way ready for the orders of her customers.
La Señora Agustina es una de las integrantes del comité, ella se dedica a la venta de plantas de todo tipo y también de abono. Ella ya no tiene hijos chicos y su marido es constructor de obras. Comenta que se sacrifica mucho para poder ayudar a su marido con los gastos de la casa y de esa forma poder hacer las ligero todo. Su meta es poder tener un gran vivero de plantas, donde tendrá mucha variedad para ofrecer a sus clientes.
Ella solicita el crédito para la compra de plantas y también de abonos para poder abastecerse con ellos y de esa forma hacer frente a pedidos de 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