Renacer 2 Group
Lida tells us that she works selling medications. She has a well stocked pharmacy with all kinds of good products. She says that she started with a small pharmacy, but over time and thanks to her hard work and sacrifice, she has been able to get ahead and enlarge her locale, which is her family's support. She says that she would like to be able to keep growing and someday have branches everywhere.
She has approached the foundation and Kiva to ask for a loan. She wants to invest it in buying medications to stock her pharmacy with and have a good selection to be prepared for her customer's orders.
Lida nos comenta que se dedica a la venta de medicamentos, ya que tiene una farmacia bien surtida con todo tipo de buenos productos. Comenta que se inicio con una pequeña farmacia, pero que con el correr del tiempo y gracias a su trabajo y sacrificio ha podido salir adelante y agrandar su local, el cual es el sustento de toda su familia. Cuenta que le gustaría poder seguir creciendo y algún día tener sucursales en todas partes.
Ella se ha acercado a la fundación y a kiva para solicitar un préstamo, el cual desea invertir para la compra de medicamentos, con los cuales podrá abastecer su farmacia y tener bien surtido, con lo cual podrá estar preparada para el pedido de sus clientes.
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