Unidas Por El Progreso Group
Irma is one of the members of this group, and says that through her work and effort she has been able to get ahead and has also been able to help her family. She is constantly looking for options and ways to keep growing and improving her business. She has a small grocery store, which allows her to help her family and give them what they need.
She came to request a loan, which she wishes to invest in purchasing dairy products, bread products, canned goods, and other items, in order to stock her business so that she can continue offering her customers variety.
Irma es una de las integrantes del grupo, y nos comenta que por medio de su trabajo y empeño ha podido salir adelante y también ha podido ayudar a su familia. Ella constantemente está buscando opciones de cómo seguir creciendo y mejorando su negocio. Tiene una despensa, con la cual ayuda a su familia y les da lo que ellos necesitan.
Ella se ha acercado para solicitar un crédito, el cual desea invertir en la compra de lácteos, panificados, productos enlatados y demás insumos para poder abastecer su negocio y de esa forma poder seguir ofreciendo variedad a sus clientes.
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