Siempre Unidas 2 Group
On of the members is Teresa who is president of the group. She together with her husband have a butcher shop where the majority of the neighbors come to buy from them. In addition to this, Teresa's husband sells vegetables that they grow themselves. This is a hard-working family with the urge to get ahead.
Teresa is requesting a loan to buy cuts of meat to re-supply her business and in this manner, to offer a good quality product to her customers.
Una de las miembros es la señora Teresa, quien es la presidenta del grupo, ella junto a su marido tienen un carnicería, donde la mayoría de sus vecinos se acercan a comprar de ellos. Además de eso el marido de Teresa vende hortalizas que ellos mismos cosechan. Es una familia muy trabajadora y con ganas de salir adelante.
Teresa solicita el préstamo para la compra de cortes de carnes para poder surtir su negocio y de esa forma poder ofrecer un producto de buena calidad 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