Vida Nueva Group
Gregoria is a member of the group and says that she sells all types of food. It is going well because her dishes are delicious and loved by her customers. Thanks to her good recipes, she has successfully formed a great clientele that always comes to her to buy her dishes.
She strives to continue growing and she is asking for this loan so that she can buy ingredients to be able to continue making and selling her dishes. She wants to be able to buy vegetables, condiments and more, and this will really help her out.
Gregoria forma parte del grupo, y cuenta que se dedica a la venta de comidas de todo tipo, y le va bien porque sus comidas son muy ricas y gustadas por sus clientes. Gracias a su buena sazón ha logrado formarse una buena clientela que siempre acude a ella y compra sus alimentos.
Ella desea seguir creciendo y solicita el crédito para la compra de insumos para poder seguir haciendo las comidas que vende. Quiere poder comprar verduras, hortalizas, condimentos y demás, ya que esto le ayudara mucho.
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