Santa Maria Group
Nancy is chair of the group, and tells us that her group has been able to succeed and grow through a great deal of sacrifice and effort. She sells drinks and it is going very well. This is because she has a very good clientele, as she always has a very good selection.
She is applying for the loan in order to buy drinks, such as beer, soft drinks, wines and others, enabling her to continue offering her customers the variety to which they are accustomed.
Nancy es la presidenta del grupo, y nos comenta que su grupo con mucho sacrificio y esfuerzo ha podido salir adelante e ir creciendo. Ella se dedica a la venta de bebidas en lo cual le va muy bien, ya que tiene muy buena clientela pues siempre tiene muy buena variedad.
Ella solicita el crédito para la compra de bebidas, como ser cerveza, gaseosas, vinos y demás, con lo cual podrá seguir ofreciendo a sus clientes la variedad a la que están acostrumbrados.
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