Toro Blanco Group
One of the members, Carmen owns a store where she sells cleaning products in general, basic foodstuffs such as bakery products, noodles, rice, mate drinks and products which come in tins such as corn, tuna, etc. The loan being sought would be to buy a large volume of goods to then sell them at a fair and accessible price and thereby increase the number of customers and products offered.
Una de las integrantes, la señora Carmen es dueña de un almacén donde vende productos de limpieza en general, alimentos básicos como panificados, fideos, arroz, yerbas y productos que vienen en lata como choclo, atún, etc.
El crédito solicitado sería para comprar mayor cantidad de mercaderías para luego venderlas a un precio justo y accesible y de esa forma aumentar la cantidad de clientes y de productos ofertados.
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