Villa Del Sol Group
Mirtha is part of the group and comments that, thanks to her cheese sales, she is helping her family and meeting all of their daily needs. Mirtha's goal is to keep growing and in the future to convert herself into a great small businesswoman.
She asks for a loan to buy cheese so she can fill her orders.
Mirtha es parte de este grupo y comenta que gracias a la venta de queso que hace, está ayudando a su familia y dándoles todo lo que necesitan para el día a día. La meta de Mirtha es seguir creciendo y el día de mañana convertirse en una gran microempresaria.
Ella solicita el crédito para la compra queso, y así poder cumplir con los pedidos que tiene.
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