Sra. Delicia is one of these members. She says that she sells cheese and milk. Every day she begins her work in the early hours of the morning. Delicia leaves her house in order to deliver all of the products she has in stock. Through her work, she is able to help her family.
Delicia is requesting a loan in order to buy cheese and milk because she wants to continue meeting the demands of her customers and bring them more to sell.
La Sra. Delicia es una de las miembros, ella comenta que se dedica a la venta de queso y leche. Todos los días empieza a trabajar desde muy tempranas horas de la mañana que es cuando reparte casa por cosas todos los productos que tiene y así, por medio de su trabajo ayuda a su familia.
Ella solicita el crédito para la compra de queso y leche, ya que quiere poder seguir cumpliendo con la demanda de sus clientes y atraer a más de ellos.
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