Mujeres Reunidas Group
Anika is one of them, and she works selling milk and cheese. Anika reports that she has a very good customer base, since she always offers very good products to her customers, and this has given her a good reputation. She is a very enterprising person, and she is highly motivated to work and get ahead.
She is requesting this loan to buy milk, and with this she will always have a good stock of her products and will be able to keep growing.
Anika es una de ellas, quien se dedica a la venta de leche y de queso, Anika cuenta que tiene muy buena clientela ya que siempre da muy buenos productos a sus clientes, y eso le hace de buena fama. Es una persona muy emprendedora, y tiene gran motivación por trabajar y salir adelante.
Solicita de este crédito para la compra de leche, con lo que tendrá siempre un buen stock de sus productos y podrá seguir creciendo.
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