Divino Niño Jesus Group
Romualda is one of the committee members. She makes frozen treats to sell and also sells food; she does very well. She does not have minor children and her husband paints cars.
She requests the loan to buy meat, condiments, baked goods and other supplies to continue working and selling the food she makes. She is grateful for the opportunity they are getting because it will be of great help to her.
La Señora Romualda es una de las integrantes del comité, ella se dedica a elaborar helados y vender, también vende comidas en lo que le va muy bien. Ella ya no tiene hijos chicos y su marido es pintor de autos.
Ella solicita el crédito para la compra de carne, condimentos, panificados y demás insumos, con lo cual podrá seguir trabajando y vendiendo los alimentos que hace. Agradece la oportunidad que están recibiendo, pues le será de mucha ayuda
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