San Rafael Group
Juana, the president, makes a living selling fruit. She says that her group has helped her a lot to get ahead and that she has improved with the support of her companions. Juana is a very enthusiastic person who wants to continue to grow and help her family.
She's requesting the loan to be able to invest in buying fruit to stock up and help her family get ahead.
Juana, la presidenta se dedica a la venta de frutas, ella cuenta que su grupo le ha ayudado mucho a salir adelante y que por medio del apoyo de sus compañeras ha mejorado mucho. Juliana es una persona que tiene mucho entusiasmo y que desea seguir creciendo y ayudando a los suyos.
Ella solicita el crédito para poder invertirlo en la compra de frutas y así poder surtirse y ayudar a su familia a salir adelante.
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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