Santa Catalina 2 Group
Elida, the president of the group, makes a living selling all types of food. This is going well for her as she has a good clientele who always buys their products from her as her food has good flavor.
She is requesting the loan to purchase meat, vegetables, seasonings, and other supplies to be able to continue making the supplies that she needs to fulfill her customers' orders.
Elida, la presidenta del grupo se dedica a la venta de comidas de todo tipo, en lo que le va muy bien, pues tiene una buena clientela que siempre compra de ella sus productos pues tiene muy buena sazón.
Ella solicita el crédito para la compra de carnes, verduras, condimentos y demás insumos para poder seguir haciendo los insumo s que necesita para cumplir con los pedidos de 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