San Juan Group
Fabia is one of the members. She has a pantry in her house. She says that little by little and with great sacrifice the business grew and now she has very good customers.
She's requesting the loan to buy yerba mate, pasta, rice, milk, baked goods, and other items to supply her store.
They are grateful for this opportunity.
Una de las integrantes del grupo es la Sra. Fabia, ella tiene su despensa en su casa, y cuenta que de a poco y con mucho sacrificio fue creciendo y hoy en día ya tiene muy buena clientela.
Solicita el crédito para la compra de yerba, fideos, arroz, leche, panificados y demás para poder surtir su negocio. Ellas agradecen 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