Espiritu Santo Group
Catalina sells fruits and she tells us it is good work, due to the fact that she has good sales and a well formed clientele. She is known as an enterprising and very hard-working person, and her goal is to be able to have a larger store to be able to offer more fruit to her clients.
She requests a loan, since she wants to have a greater supply of fruit in stock. She wants to buy apples, bananas, pears, lemons and other types. She is very thankful for this opportunity and the progress that it has helped her achieve. .
Catalina vende frutas y nos comenta que este es un buen trabajo, debido a que tiene buena venta y una clientela bien formada. Ella se define como una persona muy trabajadora y emprendedora, y su meta es poder tener un local amplio don de poder offrecer sus frutas a sus clientes.
Ella solicita el crédito, ya que desea tener mayor frutas en stock y quiere comprar manzanas, bananas, peras, limones y demás tipos. Esta muy agradecida por esta oportunidad de progreso que ha 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