Muejres En Progreso Group
Mrs. Ana is one of the members. She joined the group with the intention of finding a way to improve her working conditions and in that way to continue helping her family. Ana sells season fruits and vegetables, and through her work, she is growing and providing her loved ones with a good quality of life.
She wants to continue investing in her business, and this is why she is requesting this loan. She will buy fruits and vegetables in order to stock her business and be able to offer her customers a good assortment, which is something important for them.
La Sra. Ana es una de las miembros, ella se unió con el propósito de conseguir una ayuda para poder mejorar sus condiciones de trabajo y así seguir ayudando a su familia. Ana se dedica a la venta de frutas y verduras de estación, y por medio de su trabajo está creciendo y dando a los suyos todo para tener una buena vida. Quiere seguir invirtiendo en su negocio, y es por eso que solicita este crédito, para poder invertirlo en la compra de frutas y verduras, para poder abastecerse y dar una buena variedad a sus clientes, ya que eso es lo que prefieren.
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