La Esperanza Group
One of the members is Dalia, who has been selling charcoal for some time. She has already built up a good clientele. Just like her fellow group members, Dalia wants to help her family and fights on their behalf. All of the members have made many sacrifices and strive to do their best.
Dalia is requesting this loan so that she can invest in the purchase of charcoal. This will enable her to have a large quantity so that she can continue selling and fulfilling her existing orders.
Una de las integrantes es Dalia, ella vende carbón desde hace un tiempo, y se ha hecho ya de muy buena clientela. Ella al igual que sus compañeras desea poder ayudar a su familia, y es por ellos que luchan. Todas son muy sacrificadas y se esfuerzan al máximo.
Solicita Dalia de este crédito para poder invertirlo en la compra de carbón, para poder tener una buena cantidad y así seguir vendiendo y cumpliendo con los pedidos que siempre tiene.
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