Ybypyta Poty Group
The group was started, demonstrating unity and solidarity among the members.
Nilsa has a small grocery store stocked with the basics. She supplies her neighbors, and at the same time can also help her family, giving them what they need.
Nilsa's dream is to be able to have a larger grocery store, as she wishes to keep growing.
She is applying for the loan to buy baked goods, vegetables, dairy products, fruit, etc. She is grateful for the opportunity that she and her friends are receiving.
Nilsa tiene una pequeña despensa con los insumos básicos, así surte a sus vecinos y a la vez también puede ayudar a su familia, dándoles lo que necesitan. El sueño de Nilsa es poder tener una despensa más grande, ya que desea seguir creciendo.
Solicita el crédito para la compra de panificados, verduras, lácteos, frutas, etc. Agradece por la oportunidad que ella y sus amigas reciben.
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