Madres Emprendedoras Group
Lucía sells all types of fruit. She comments that she has a diverse clientele that always buys from her which is why she does well. She’s getting support from her fellow group members and this motivates her to continue striving to provide the best for her family.
She’s requesting the loan to buy fruit like apples, bananas, watermelons, pears and others to continue providing a good amount of products to her customers.
Lucia vende frutas de todo tipo, y cuenta que tiene clientela muy variada, que siempre compra de ella, es por eso que le va bien. Está recibiendo mucho apoyo de sus compañeras del grupo, y eso la motiva a seguir luchando para dar lo mejor a su familia.
Ella solicita el crédito para la compra de frutas, como ser manzanas, bananas, sandias, melones, peras y demás, para poder seguir dando una buena cantidad de productos a sus clientes.
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