One such member is Sra. Maura. She was able to sell bed sheets, oranges, and sugar cane syrup thanks to the loan she received during the previous cycle. Maura is a hardworking person who wants to move forward. She is requesting a loan so that she can buy bed sheets to sell since she has orders that she would like to fulfill.
Una de las historias es de la Sra. Maura quien se dedica a la venta de sábanas, naranjas y miel de caña esto gracias al crédito que se le otorgó en el ciclo anterior. Ella es una persona muy trabajadora que quiere salir adelante.
Solicita de este crédito para la compra de sabanas para la venta, ya que tiene pedidos con los que le gustaría poder cumplir.
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