Las Solteras Group
One of the members is Ilda who makes cakes. She tells us that she has a good number of orders because she’s attained a good clientele. Her goal is to be able to have a pastry shop to continue growing and become a great micro businesswoman.
She asks for the loan to buy flour, sugar, shortening, caramel and other ingredients to be able to fill her pending orders. She gives thanks for the opportunity she and her group are receiving.
Una de las miembros es la señora Ilda, quien se dedica a hacer tortas, ella nos cuenta que tiene buena cantidad de pedidos, pues ya se ha hecho de una buena clientela. Su meta es poder tener una confitería y de esa forma seguir creciendo y ser una gran microempresaria.
Solicita el crédito para comprar harina, azúcar, manteca, dulce de leche y demás insumos para poder cumplir con los pedidos que tiene. Agradece por la oportunidad que ella y su grupo recibe.
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