Villa Policial Group
Sra. Clemencia sells fish and says that she wakes up early every day to go fishing in order to provide for the daily needs of her family. She wants to keep working so that she can continue helping her family. Clemencia is requesting a loan to buy fish so that she can restock and have more fish to sell. She is grateful for the opportunity that she and the rest of her group have received.
La Sra. Clemencia se dedica a la pesca y nos comenta que todos los días se levanta desde muy temprano a ir a pescar y de esa forma tratar de buscar el pan de cada día para su familia. Ella desea poder seguir trabajando y de esa forma seguir ayudando a su familia.
Ella solicita el crédito para la compra de peces, con lo cual podrá surtirse y de esa forma tener mayores pescados para la venta. Agradece la oportunidad que ella y su grupo reciben.
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