Santa Librada Group
A story worth relating is Rossana's; she is single, 26 years old, and has, since she was very young, been dedicated to selling things in the streets. In this way, she has been able to advance her mother. They live alone and Rossana sustains their household.
Rossana is requesting a loan to buy sheets, blankets, eiderdowns, and other products, to be able to offer a greater variety to her customers and, in this way, to produce some earnings.
Una de las historias dignas de destacar es el de la señorita Rossana, soltera de 26 años quien desde muy jovencita se dedica al macate (Venta ambulante) y de esa forma saca adelante a su madre, ya que ellas viven solas y la misma es el sostén de la casa.
Rossana solicita el crédito para la compra de sabanas, frazadas, edredones y demás productos para poder tener mayor variedad que ofrecer a sus clientes y de esa forma hacer un poco de ganancias.
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