13 Campanas Group
María is a member of the group and she runs a store where she sells to neighbors and other people who stop by. Her goal is to continue growing and expanding her shop.
She is requesting a loan to buy meats, sodas, canned goods, bulk products, etc. She is grateful for the assistance she is receiving.
María es miembro de este grupo, ella tiene una despensa con la cual surte a sus vecinos, y a las otras personas que acuden a su negocio. La meta de María es poder seguir creciendo y agradando su local.
Solicita el crédito para la compra de carnes, gaseosas, enlatados, productos a granel y demás. Agradece por ola ayuda que está 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