Virgen Del Carmen Group
Victoriana, the chairperson, sells all types of food, such as empanadas, sandwiches and other kinds. She says that she works from a very early hour, which is when she gets up to make her food.
She has a very good clientele, because her meals are very delicious and her customers love them.
She is requesting the help of Kiva and Fundación Paraguaya, in order to buy supplies to be able to continue making her food, such as condiments, greens, vegetables, meats and other ingredients. She and her group are grateful for the help they receive, as it will be very important for them.
Victoriana, la presidenta, se dedica a la venta de todo tipo de comestibles, como ser empanadas, sándwich, y demás clases, cuenta que trabaja desde muy tempranas horas, que es cuando se levanta a hacer sus alimentos. Tiene muy buena clientela gracias a que sus comidas son muy ricas y queridas por sus clientes.
Solicita la ayuda de Kiva y de fundación paraguaya para la compra de insumos para poder seguir haciendo sus comestibles, como ser condimentos, verduras, hortalizas, carnes y demás. Ella y su grupo agradecen por la ayuda que reciben, pues les será de muy importante.
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