One of the members of the group is Laura. She has a very well-stocked store at home where she has a well-established clientele thanks to her being a person who is very adept at selling. Her goal is to be able to continue growing to become a great micro businesswoman this way.
Laura relates that she’s asking for the loan to buy soft-drinks, dairy products, meats and other products which are the ones that sell the most. All of the members are grateful for the opportunity they are receiving.
Una de las integrantes del grupo es la Sra. Laura ella tiene una despensa bastante surtida en su casa, donde tiene una clientela bien formada gracias a que es una persona con muy buena onda para las ventas. Su meta es poder seguir creciendo y de esa forma ser una gran microempresaria.
Cuenta la Sra. Laura que pide el crédito para la compra de bebidas, lácteos, carnes, y demás productos, ya que son los que mas salida tienen. Agradecen todas ellas por la oportunidad que están 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