San Cayetano Group
Mirtha, 27, is group president. She’s a very enterprising woman capable of leading such a large group as this one. She's in general sales and requests the loan to buy sugar, noodles, meat, milk, baked goods, rice, beverages, oil and flour to continue selling and meeting customer demand.
They are happy for the support they are getting because it will be very advantageous for them in order to stay in business and help their families.
La Sra. Mirtha, presidenta del grupo tiene 27 años, ella es una mujer muy emprendedora y capaz de liderar un grupo numeroso como lo es este, ella se dedica a las ventas varias y solicita el crédito para la compra de azúcar, fideos, carne, leche, panificados, arroz, bebidas, aceite, harina, con lo que podrá seguir vendiendo y cumpliendo con sus clientes.
Ellas están contentas por la ayuda que reciben pues les será de mucha ventaja para seguir en sus negocios y ayudar a sus familias.
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