8 De Diciembre Group
Andrea is a member of the group. She has been selling beverages for some time, thanks to which she has been able to help her family. She says the products she carries always sell well, especially on weekends, which is when she has the most sales.
She is a very hard-working and enterprising woman, and her goal is to continue growing as a small business owner, to be able to keep helping her family.
She is applying for the loan in order to buy beverages such as beers, soft drinks, wines, and others. In this way, she will be able to restock, and meet customer demand. She is very happy to be a part of the Foundation's program and of Kiva.
Andrea forma parte del grupo, ella se dedica a la venta de bebidas hace un tiempo, gracias a lo cual puede ayudar a su familia. Comenta que siempre tienen mucha salida los productos que vende, especialmente los fines de semana, que es cuando más ventas tiene. Ella se define como una mujer muy trabajadora y emprendedora, y su meta es poder seguir creciendo como microempresaria para poder seguir ayudando a su familia.
Ella solicita el crédito para la compra de bebidas, como ser cervezas, gaseosas, vinos, y demás variedades, con lo cual podrá abastecerse y cumplir con la demanda de sus clientes. Ella está muy contenta por formar parte del programa de la fundación y de kiva.
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