San Jorge Group
Isabel, the president of the group, is married and has 3 daughters. She is a very active woman who promotes the strengthening of the group. She has a business selling all types of appliances, such as blenders, mixers, irons and other products. She started out selling just a few appliances but today, thanks to her hard work, her business has improved a lot.
Isabel is requesting a loan to buy appliances, so that she can fill some orders that she has. This group is pleased with the support that they have received.
La Sra. Isabel, presidenta del grupo, está casada, tiene 3 hijas, es una mujer muy activa y promueve el fortalecimiento del comité. Ella se dedica a la venta de todo tipo de electrodomésticos, como ser licuadoras, mixteras, planchas, y demás tipos. Empezó con la venta de algunos pocos electrodomésticos, pero hoy en día gracias a su trabajo ha mejorado mucho.
Ella solicita el crédito para la compra de electrodomésticos, con lo que podrá cumplir con los pedidos que tiene. Están contentas ellas por el apoyo que han recibido.
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