Mujeres Buscando El Porvenir Group
Rafaela is a very hard-working person who would like to do well in life. For this reason, she always works very hard. Her business is selling all kinds of fish and she says that she has a good number of customers who always buy her products.
Rafaela is requesting this loan so that she can continue investing in her business. She would like to buy more fish so that she can freeze them and have them available for filling her customers' orders.
Rafaela es una persona muy trabajadora y con ganas de salir adelante, es por ello que siempre trabaja muy duro. Ella se dedica a la venta de pescado de toda clase, y cuenta que ya tiene una buena clientela que siempre compra de ella sus productos.
Rafaela solicita el préstamo para poder seguir invirtiendo en su negocio, quiere poder comprar más pescados para poder congelarlos y tenerlos para cumplir con pedidos de 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