Francisca is a woman who has a great facility in the kitchen. She comments that she dedicates herself to selling a variety of food items, and that this is going very well given that she has a loyal customer base that always buys the food she prepares. Her goal is to have a locale where she can offer a greater level of comfort to her customers.
She requests this loan to buy meats, chicken, condiments, vegetables, and other supplies to be able to continue her work. She is grateful to the Fundación and to Kiva for the opportunity she and her group are receiving.
Francisca, es una mujer que tiene muy buenas habilidades para la cocina, ella comenta que se dedica a la venta de variados comestibles y en lo que le va muy bien, pues ya tiene una clientela fiel que siempre compran de ella los alimentos que prepara. Su meta es poder tener un local donde poder ofrecer mayor comodidad para ofrecer a sus clientes.
Ella solicita el crédito para la compra de carnes, pollo, condimentos, verduras y demás insumos para poder seguir con su trabajo. Agradece a la fundación y a kiva por la oportunidad que están recibiendo ella y su grupo.
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