Brisa Del Este Group
Sra. Felicia makes her living selling all kinds of meals. She says that thanks to the help from her communal bank, she is getting ahead and that they all help one another. Her goal is to be able to have a large establishment to serve more people the delights that she prepares.
Felicia came to request a loan because she wants to purchase the supplies she needs to continue making her food. She wants to purchase meat, chicken, condiments, flour, eggs and other items. Felicia and her communal bank give their thanks for the help they are receiving.
La Sra. Felicia dedica a la venta de comidas de toda variedad, y cuenta que gracias a la ayuda de su grupo está saliendo adelante y se ayudan las una a las otras. Su meta es poder tener un gran establecimiento de comida y así servir a más personas las delicias que prepara.
Felicia acude a solicitar un préstamo, ya que quiere poder comprar los insumos que necesita para poder seguir haciendo sus alimentos, quiere comprar carne, pollo, condimentos, harina, huevos y demás. Ella y su grupo agradecen por la ayuda 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