Trece Belen Group
Martina is the president. She tells us that she always tries to motivate her friends to continue to struggle and not give up on their ideals. Martina has sold milk for some time. She tells us that she already has very good customers who always buy products from her. She is a very self-sacrificing person because every day she works distributing her milk from a very early hour.
She is requesting the loan to buy more milk because she does not want to be without her essential product to sell. She is grateful for the help that she and her friends in the group always receive.
Martina es la presidenta, y ella nos comenta que siempre trata de motivar a sus amigas a seguir luchando y que no se den por vencidas en sus ideales. Martina vende leche desde hace un tiempo y nos comenta que ya tiene muy buena clientela que siempre compra de ella sus productos. Ella es una persona muy sacrificada, ya que todos los días trabaja desde muy temprano repartiendo su leche.
Ella solicita el crédito para la compra de más leche, ya que no quiere quedarse sin su producto esencial de venta. Agradece por la ayuda que ella y sus amigas del grupo siempre 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