Virgen De Los Dolores Group
Adalbina is a member of this group, and she sells all types of beverages. Her business is going very well. Thanks to her effort and dedication she is making progress and is able to help support her family, which is her goal.
She is seeking this loan to buy a variety of beverages, such as soda, wine, beer, whiskey and more. She thanks the foundation and Kiva for the loan opportunity.
Adalbina forma parte del grupo, y cuenta que se dedica a la venta de todo tipo de bebidas, en lo cual le está yendo muy bien. Gracias a su esfuerzo y dedicación está saliendo adelante y de esa forma ayuda a su familia. Su meta es poder salir adelante y de esa forma poder ayudar a su familia.
Solicita el crédito para la compra de bebidas en general, como ser gaseosas, vinos, cervezas, whiskys y demás. Agradece a la fundación y a Kiva 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