Santa Librada 2 Group
One of the members is Sra. Lourdes, who operates a food pantry in her home. Her business is growing each day because of the work and sacrifice that she has invested. Lourdes’ goal for the future is to have a successful self-service shop that continues to provide products for her customers.
She is requesting a loan in order to buy beverages, food products, canned goods, vegetables, and other items so that she can keep her business well-stocked.
Una de las integrantes del grupo es la Sra. Lourdes, ella tiene su despensa en su casa, y su negocio está creciendo día a día por medio del trabajo y sacrificio que hace. Su meta es poder tener el día de mañana un gran autoservice para poder seguir abasteciendo a su clientela.
Solicita del crédito para la compra de bebidas, comestibles, enlatados, verduras y demás, y así seguir con su negocio bien surtido.
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