General Diaz Group
Patricia's business is selling food, drinks and sheets. She tells us that her business is doing very well because, thanks to the good quality of her products, she has been able to establish a well-defined customer base which helps her to make a good income. Her goal is to continue working so that she can continue growing as a businesswoman.
Patricia is requesting a loan to buy meat, seasonings, baked goods, vegetables and other supplies so that she can continue selling the food that she makes.
La Sr. Patricia se dedica a la venta de comidas, sabanas y bebidas y nos comenta que le va muy bien, puesto que gracias a la buena calidad de los productos que hace, ha podido formarse una clientela bien definida, lo que la ayuda a tener un buen ingreso. Su meta es seguir trabajando y de esa forma poder seguir creciendo como comerciante.
Ella solicita el crédito para la compra de carnes, condimentos, panificados, verduras y demás insumos con lo cual podrá seguir vendiendo las comidas que hace.
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