Maria sells foodstuffs. She's married to Roberto, with whom she has three children. She requests the loan in order to purchase an electric cooker so she can save time and prepare her foodstuffs more conveniently. Maria's goal is to keep on growing and own her own eatery, so that she can take better care of her family. She and her group are both glad to get the help they're receiving.
La Sra. Maria se dedica a la venta de comestibles, esta casada con el señor Roberto con quien tiene 3 hijos. Ella solicita el credito para la compra de una cocina electrica para ganar mas tiempo y comodiad en la elaboracion de sus comestibles. Maria tiene como meta ir creciendo y tener su propio copetin brindando asi una mejor atencion a su familia. Tanto ella como su grupo esta contento por la ayuda que estan recibiendo.
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