Niño Salvador Del Mundo Group
Benedicta is part of the group, and she herself tells us that she has a well-stocked store with which she supplies the people in her neighborhood and other nearby areas. She is a very hardworking and enterprising person. She has a goal to keep growing as a micro-entrepreneur.
She is requesting the loan to buy meat, beverages, bread, vegetables, and other supplies necessary to be able to continue keeping her business well stocked.
Benedicta forma parte del grupo, y ella misma nos comenta que tiene una despensa bien surtida, con la cual surte a las personas de su barrio y de las zonas aledañas. Ella es una persona muy trabajadora y emprendedora y tiene como meta seguir creciendo como microempresaria.
Ella solicita el crédito para la compra de carnes, bebidas, panificados, verduras y demás insumos necesarios para poder seguir manteniendo bien surtido su negocio.
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