Jesus Misericordioso Group
One member of the gorup, Juana, has long worked selling fruits and vegetables. She gets up early and goes to the market to purchase wholesale fruits and vegetables to later sell the highest quality items at the best price to select customers. The loan sought will be used to buy seasonal fruits such as apples, bananas, strawberries, oranges, pears, etc.; as well as vegetables such as lettuce, tomatoes, watercress, carrots, etc. The amount received will be reinvested in her business and the extra revenue will go to improving her quality of life.
Una de las integrantes la señora Juana se dedica a la venta de frutas y verduras desde hace tiempo. La señora se despierta temprano y va al mercado local para comprar la mayor cantidad de frutas y verduras para luego venderlas a sus clientes algunos ya fijos al mejor precio y mejor calidad posible.
El crédito solicitado sería para comprar frutas de estación como manzanas, frutillas, naranjas, peras, etc y verduras como lechugas, tomates, berro, zanahorias, etc, todo el monto recibido sería utilizado para re-invertir en su negocio y con los ingresos extras poder mejorar su calidad de vida.
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