Santa Rita Group
Sebastiana is part of the group and she sells cheese and milk. She says that she works very early every day to be able to bring the milk that she sells to the tables of her customers. She is a hard-working, resourceful, and above all, a very honest person. She is happy with what she does because it has thankfully supported her family.
She wants to continue investing in her business and so she is asking for Kiva's help and for help from the Paraguayan Foundation. She needs to purchase milk and cheese and keep these products in stock.
Sebastiana comenta que trabaja desde muy temprano todos los días para poder llevar la leche que vende a las mesas de sus clientes. Ella es una persona muy trabajadora, emprendedora y por sobre todo muy honesta, esta contenta con lo que hace porque gracias a esto ha podido mantener a su familia.
Ella quiere seguir invistiendo en su negocio por lo que pide la ayuda de Kiva y de fundación paraguaya para la compra de leche y queso, con lo cual tendrá esos productos en stock.
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