Sra. María is requesting a loan in order to buy general food products to restock her business such as beverages, canned goods, dairy products, baked goods, and other products. She manages a food pantry where most of the customers she serves are neighbors and people from the surrounding neighborhoods. María is very appreciative of the help she will receive so that she can improve her income and that of her family.
Cuenta la Sra. María que solicita crédito para la compra de comestibles en general para surtir su negocio, como ser bebidas, enlatados, lácteos, panificados y demás, ya que ella tiene una despensa, donde atiende y surte a la mayoría de sus vecinos y personas de zonas aledañas. Ella se encuentra muy agradecida ya que gracias a esta ayuda que recibe puede mejorar sus ingresos y el de su familia.
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