Virgen De Fatima Group
Jorgelina is part of this group. She has a store in her house, and thanks to the help of this group and her talent for sales, she is growing her business and it's doing very well. She says that she is married to Maximo, who is a bricklayer, and they have 2 children, for whom she and her husband work arduously.
Jorgelina is requesting a loan to buy drinks, dairy products, vegetables and other products to stock up her store.
La Sra. Jorgelina, es parte de este desafío, ella tiene su despensa en su casa, y gracias a la ayuda de su grupo y a su talento para las ventas está creciendo y le va muy bien. Cuenta que está casada con el señor Máximo de profesión albañil, tienen 2 hijos, por quienes el y su marido trabajan arduamente.
Jorgelina solicita de este crédito para la compra de bebidas, lácteos, verduras y demás productos para poder abastecer su negocio.
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