Torype Oñondivepa Group
Maximina describes herself as a good entrepreneur. She has been working in trade for some time, and it is thanks to her little store that she can help her family and give them everything they need in order to have a decent and proper life. Her goal is to be able to expand her facility and one day to have a bigger business.
She is asking for a loan from the foundation and Kiva in order to buy drinks, milk, noodles, rice, yerba (mate) and other supplies with which she will be able to offer her customers a good variety.
Maximina se define a su misma como una buena microempresaria, ella se dedica al comercio desde hace un tiempo, y es gracias a su pequeña despensa que puede ayudar a su familia y darles lo que necesitan para una vida digna y decorosa. Su meta es poder agrandar su local y alguna vez tener un gran negocio.
Ella pide el crédito a la fundación y a Kiva para la compra de bebidas, lácteos, fideos, arroz, yerba y demás insumos, con los cuales podrá darle a sus clientes una buena variedad.
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