Teko Pora Group
Señora Marcela, who is leader of the group, has owned her shop for a long time now. She has a well-stocked business and this always helps her to maintain a very good customer base. Her aim is to be able to continue growing and working, and in doing so become a great micro-entrepreneur.
Marcela is requesting this loan in order to buy drinks, meat and dairy products, baked goods, fruits, and vegetables, so that her shop is better stocked and she can continue to offer as wide a variety as ever to her customers.
La Sra. Marcela, presidenta del grupo, tiene su despensa hace ya un buen tiempo. Tiene un negocio bien surtido y eso le ayuda a poder tener muy buena clientela siempre. Su meta es poder seguir creciendo y trabajando y así ser una gran microempresaria.
Marcela solicita de este crédito para la compra de bebidas, lácteos, cárnicos, panificados, frutas y verduras, con los que va a tener mejor surtido su negocio y así seguir dando una buena variedad como siempre a sus clientes.
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