Mujeres Unidas De Tobati Group
Reina is the president and one of the members of the group. She makes a living as a vendor and she has a pantry stocked with convenience store items that her neighbors need. Thanks to this work she gives her family what they need to get ahead.
She is requesting the loan to be able to be able to supply her business with beverages, sodas, dairy products, baked goods and more, with which she will be able to continue working and giving the best to her customers.
Reina es la presidenta y una de las miembros del grupo, ella se dedica al comercio y cuenta que tiene una surtida despensa con los artículos de primera necesidad que necesitan sus vecinos. Gracias a este trabajo da a su familia lo que necesitan para salir adelante.
Ella solicita el crédito para poder abastecer su negocio con bebidas, gaseosas, lácteos, panificados y demás, con lo que podrá seguir trabajando y dando lo mejor a sus clientes.
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