8 De Marzo Group
Maria is one of the members of this group, and she tells us that she works selling meat. Through this work she is getting ahead and helping her family. She is a person who makes the maximum effort to be able to continue growing as a merchant, and in this way improve the conditions of her life.
She is requesting the loan to buy all kinds of cuts of meat. With this, she'll be able to supply her business and offer variety to her customers. They are all grateful for this opportunity they are receiving.
Maria es una de las miembros de este grupo, comenta que se dedica a la venta de carnes, con lo cual está saliendo adelante y ayuda a su familia. Ella es una persona que se esfuerza al máximo para poder ir creciendo como comerciante y de esa forma mejorar sus condiciones de vida.
Ella solicita el crédito para la compra de cortes de carnes de todo tipo, con lo cual podrá surtirse y dar una variedad a sus clientes. Agradecen todas ellas por la oportunidad que están recibiendo.
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