Niño Salvador Group
Sra. Lidia is a person who is known for her enthusiasm and her progressive spirit. She says that she sells charcoal and generates many sales. Lidia says that her neighbors and people from other areas buy what she sells. For this reason, she has done very well. With great sacrifice and determination, she has been able to get to the place where she is now. She is requesting a loan to buy charcoal so that she can restock and have more inventory. Lidia is pleased to be part of the program with Fundación Paraguaya.
La Sra. Lidia es una persona que se destaca por su entusiasmo y su espíritu progresista, ella nos comenta que se dedica a la venta de carbón, que ultimanete tiene mucha venta. Comenta que sus vecinos y personas de otras zonas compran de ella lo que vende, y es por ello que le va muy bien. Con mucho sacrificio y lucha ha logrado estar en en lugar en que se encuentra.
Ella solicita el préstamo para la compra de carbón, con lo cual podrá abastecerse y tener mayor producto en stock. Está muy contenta por formar parte del programa de la fundación.
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