Maria Auxiliadora Group
Sra. Cristina, the group president, is married and an active woman who promotes the strengthening of this committee. She sells basic necessity products and provides these items to her neighbors.
Cristina is requesting a loan in order to buy sugar, noodles, meat, milk, baked goods, rice, beverages, oil, flour, and other products so that she can restock her business and fulfill the requests of her customers.
La Sra. Cristina, presidenta del grupo, está casada, es una mujer activa y promueve el fortalecimiento del comité. Ella se dedica a la venta de productos de primera necesidad, y con ello abastece a sus vecinos.
Solicita el crédito para la compra de azúcar, fideos, carne, leche, panificados, arroz, bebidas, aceite, harina y otros, con lo cual desea poder surtirse y seguir cumpliendo con los pedidos de sus clientes.
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