San Juan Bosco Group
Natividad is one of the members of this group. She says that she always puts a lot of determination into everything she does because it is through her grocery store that she is able to help her family. Natividad is a very charming and willing person who, for this reason, will go far. She is requesting this loan to buy drinks, dairy products, meat, vegetables and other products so that she can keep her business well stocked and continue offering a good variety of products to her customers.
La señora Natividad es una de las miembros del grupo, y cuenta que siempre pone gran empeño en todo lo que hace, ya que por medio de su despensa puede ayudar a su familia. Natividad es una persona con gran carisma y buena predisposición, por lo que llegara lejos.
Ella solicita el crédito para la compra de bebidas, lácteos, carnes, verduras y otros insumos para poder tener bien surtido su negocio y seguir ofreciendo buena variedad a sus clientes.
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