Divino Niño Group
43-year old Sra. Fulvia is a member of the group. She is married to Sr. Edgar, a carpenter, and they have three children. She sells cooked food from her home. She has very good customers and the food she sells is welcomed by her neighbours.
Fulvia is seeking a loan to buy meat, baked goods, seasonings and other ingredients so she can continue preparing food to sell.
La Sra. Fulvia es integrante del comité, tiene 43 años de edad, está casada con el Sr Edgar quien es carpintero juntos tienen 3 hijos. La Sra Fulvia se dedica a la venta de Comestibles en su casa. Comenta que tiene muy buena clientela ya que sus comidas son muy aceptadas por los vecinos.
Ella solicita el crédito para la compra de carnes, panificados, condimentos y demás insumos para poder seguir preparando los alimentos que vende.
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