Rincon Guazu Poty Group
Laura is one of the members of the group. She sells food. With this she helps support her family and with having a more prosperous future for her and her family.
With the loan, she will be able to buy produce, vegetables, meat, milk, eggs and other products to be able to make her foods and sell them to her customers.
Laura, una de las integrantes del grupo, se dedica a la venta de comidas, con ésto ella ayuda al sustento familiar y a un futuro mas próspero para su familia y el de ella.
Con el crédito podrá comprar verduras, hortalizas, carnes, leches, huevos, y demás productos para poder realizar sus comidas y venderlas a su clientela.
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