La Amistad Group
One example in this struggle is Graciela, the president of the group, who works from the very early morning selling charcoal, which is doing very well because many people use charcoal, since it's a lot cheaper than propane. She is helping her family to get ahead and she feels satisfied by what she has done, but wants to continue growing her business. She is asking for this loan to buy more charcoal and have it in stock so that she doesn't run out and fail to deliver what her customers need.
Un ejemplo de lucha es Graciela, la presidenta, quien desde muy tempranas horas ya trabaja en su venta de carbón, le va bien ya que se usa mucho el carbón ya que es más barato que el gas. Está sacando adelante a su familia y está contenta con lo que hace, pero quiere seguir creciendo. Pide este préstamo para poder comprar más carbón y tener en stock, para que no le falte para cumplir con 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