Niño Jesus Group
Adriana is the president of this group. She tells us that she always works hard so that she can help her friends because they would like to be able to do well and become good micro-businesswomen. Adriana has a small grocery store in her home where she stocks products that she sells to her neighbors. Her goal is to be able to continue working and gradually expand her premises.
Adriana is requesting this loan to buy vegetables, dairy products, baked goods and other supplies that she needs for her business, so that she can continue working.
Adriana es la presidenta del grupo, y nos dice que siempre se esfuerza por poder ayudar a sus amigas, ya que desean que ellas mismas puedan superarse y ser buenas microempresarias. Ella tiene una pequeña despensa en su casa, donde tiene los principales productos para poder surtir a sus vecinos. Su meta es poder seguir trabajando y de a poco ir agrandando su local.
Adriana solicita el crédito para la compra de verduras, lacteos, panificados, hortalizas y demás insumos para poder surtir su negocio y seguir trabajando.
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