El Rincon De Las Amigas Group
Laura is a member of the group. She is 44 years old and married to Melanio who is a painter. They have two children.
Laura is a merchant and is requesting this loan to buy vegetables and fruits, as this is her job and she wants to be able to have a good assortment to offer to her customers. Her goal is to expand her business, located in her home.
La Sra Laura es miembro del grupo, tiene 44 años de edad esta casada con el señor Melanio quien es pintor de obras juntos tienen 2 hijos.
La Sra Laura es vendedora, y solicita el credito para la compra de verduras y frutas, ya que ese es su trabajo y quiere poder tener un buen stock que ofrecer a sus clientes.Tiene una meta que es ampliar su negocio dentro de su casa.
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