San Vicente Group
Lucrecia is a hard-working entrepreneur who aspires to get ahead and has a great entrepreneurial spirit. By the way she works, you can tell she is committed.
Lucrecia has a bakery and sells all kinds of baked goods to her neighbors and the stores in the neighborhood. She tells us that thanks to her hard work, her business has grown and she wants to continue running it. She is requesting a loan to buy flour, salt, sugar, yeast, butter and other ingredients she needs to continue making bread.
Lucrecia es una persona muy trabajadora, emprendedora y por sobre todo con muchas ganas de salir adelante y con un gran espíritu emprendedor, se nota por la labor que hace que es una mujer muy sacrificada. Lucrecia tiene una panadería, con la que surte con todo tipo de panificados a sus vecinos y a las despensas del barrio. Comenta que gracias a su trabajo ha crecido y quiere seguir haciéndolo.
Solicita el crédito para poder seguir con la producción de panes que tiene, es por eso que quiere comprar harina, sal, levadura, manteca y demás insumos necesarios para ello.
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