San Jorge Group
Isabel, the president of the group, is married and has three daughters. She is a very active woman and works to strengthen the group. She reports that she is in the business of selling appliances. Through this work she is able to provide her family with what they need to cover their day-to-day expenses. She is a highly motivated person and wants to give the best of everything to her family.
She is seeking this loan in order to buy small appliances and thus be able to offer new products to her customers.
La Sra. Isabel, presidenta del grupo, está casada, tiene 3 hijas, es una mujer muy activa y promueve el fortalecimiento del comité. Ella cuenta que se dedica a la venta de electrodomésticos, y por este trabajo da a su familia lo que necesitan para solventar los gastos del día. Es una persona que tiene muchas ganas de progresar y así dar a su familia lo mejor.
Isabel solicita el crédito para la compra de electrodomésticos pequeños y de esa forma tener nuevos productos que ofrecer 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