The San Miguel committee is from the city of San Lorenzo. It is composed of 12 women from this city, all of whom are friends and neighbors who work hard to give their families all of what they desire to achieve a better future.
Juana, the president, sells food and she told us that it is going very well. She is a person who always works hard and who tries to do her best to get ahead. She seeks the loan to buy meat, condiments, chicken, vegetables and more, with which she will be able to continue making the meals that she sells.
El comite San Miguel es de la ciudad de San Lorenzo, esta integrado por 12 mujeres de esa ciudad, todas ellas amigas y vecinas que se esfuerzan por dar a sus familias todo lo que desean para un mejor porvenir.
Juana la presidenta vende comidas, y comenta que le va muy bien. Ella es una persona que se esfuerza siempre y trata de dar lo mejor de su para salir adelante.
Solicita el crédito para la compra de carne, condimentos, pollo, verduras y demás, con lo cual podrá seguir haciendo los alimentos que vende.
About Fundación Paraguaya
Fundación 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.