Agosto Poty Group
Celina is part of this group; she’s also the president. She states that she always tries to motivate her girlfriends to continue working in order to get ahead this way. Celina has a grocery store where she starts working every day very early in the morning and thanks to which she’s able to help her family.
She request the loan to buy supplies like soft-drinks, milk, bread, tea, sugar and others for her store. She is grateful for the help she gets because it will be very useful for her.
Celina es parte del grupo, también es la presidenta y cuenta que siempre trata de motivar a sus amigas a seguir trabajando y de esa forma poder salir adelante. Celina tiene una despensa, en la cual trabaja desde muy tempranas horas todos los días y gracias a lo cual ayuda a su familia.
Solicita el crédito para la compra de insumos para su despensa, como ser bebidas, leche, pan, yerba, azúcar y demás. Esta agradecida por la ayuda que recibe, ya que le será muy útil.
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