Las Merceditas Group
One moving story is that of Luisa. Luisa sells sheets, food, and fish. She is a very dynamic woman, as you can see. Thanks to her hard work she is supporting her family and providing them with what they need day to day.
She is seeking a loan so that she can buy sheets and fish so that she can continue working and providing her family with what they need every day.
Una historia muy conmovedora es la de la Sr. Luisa quien se dedica a la venta de sábanas, comida y pescado, es una mujer muy dinámica, como se puede ver. Gracias a su arduo trabajo está ayudando a su familia y dándoles lo que más necesitan para el día a día.
Ella solicita el crédito para la compra de sabanas y pescado, con lo cual podrá seguir trabajando y dando a su familia lo que necesitan para el día a día
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