Damas Del Barrio San Antonio Group
Lucia is the president of the group. She is a married woman and has six children. She is very active and tells us that she always works hard so that she can help her fellow group members. She says that her business is selling fruit and vegetables and it is doing very well. She has already gained a good customer base.
Lucia is requesting this loan to buy fruit and vegetables so that she can stock her business and fill her customers' orders.
La Sra. Lucia, presidenta del grupo, es una mujer casada, tiene 6 hijos, es mujer muy activa y nos cuenta que siempre se esfuerza para poder ayudar a sus compañeras de grupo. Ella cuenta que se dedica a la venta de frutas y verduras, en lo cual le va muy bien, ya que se ha formado ya una buena clientela.
Ella solicita el crédito para la compra de verduras y frutas, con lo cual podrá estar abastecida para cumplir con los 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