Santa Teresita Group
Gregoria is part of this struggle She sells drinks and charcoal and says that she is requesting this loan to be able to buy those things since she has very good sales and wants to continue giving her customers everything they need.
The group is grateful for the opportunity for growth that they receive and promise to continue working together and in unity.
La Sra Gregoria forma parte de esta lucha, ella vende bebidas y carbón y cuenta que solicita este crédito para poder comprar bebidas y carbón, ya que tiene muy buena venta y quiere seguir dando a sus clientes todo lo que necesitan.
El grupo agradece por la oportunidad de crecimiento que reciben y se comprometen a seguir trabajando juntas y unidas.
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