Santa Lucia Group
Juana is a member of this group who sells food. Thanks to the support of her fellow group members, she has made vast improvements due to the training she received. She wants to continue working as a part of her group so that she can continue improving each day. Juana is requesting a loan in order to buy flour, eggs, cheese, oil, rice, noodles, and other supplies. She needs these items so that she can continue working and producing her dishes.
Juana vende comidas, ella forma parte de este grupo, y cuenta que gracias al apoyo de sus compañeras pudo mejorar bastante y gracias a las capacitaciones que recibe. Desea poder seguir trabajando en su grupo e ir mejorando día con día.
Ella solicita el crédito para la compra de harina, huevo, queso, aceite, arroz, fideo, etc. Los cuales necesita para poder seguir trabajando y haciendo sus comidas.
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