Nuevo Amanecer Group
María Isabel is one of the members and also the group president. She’s a person who always strives to the maximum degree to get ahead and help her family. María works selling all types of food and she relates that she has many customers because her dishes are very delicious. Her goal is to continue growing and one day have a food business to earn higher income and continue helping her family.
She wants to invest more in her business which is why she’s asking for help from Kiva and Fundación Paraguaya because she wants to buy meat, condiments, flour and others that she uses very much in her dishes.
La Sra Maria Isabel es una de las miembros, y es también la presidenta del grupo, ella es una persona que siempre se esfuerza al máximo para poder salir adelante y ayudar a su familia. Maria se dedica a la venta de comestibles de todo tipo y cuenta que tiene muchos clientes ya que sus comidas son muy ricas, su meta es poder seguir creciendo y algún día poder tener un gran negocio de comidas y de esa forma tener mayores ingresos y seguir ayudando a su familia.
Ella desea invertir más en su negocio, por lo que pide la ayuda de Kiva y de fundación paraguaya, ya que desea comprar carnes, condimentos, harina, y otros, ya que los utiliza mucho en sus comidas.
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