Divino Niño Jesus Group
Mrs. Roly, one of the group’s members, is a street vendor. This job requires a lot of sacrifice, since she has to work regardless of the weather in order to provide for her family. Everything she does is admirable, because she wants her family to have everything she could not have as a child.
Mrs. Roly is requesting this loan to buy sheets, quilts, blankets and other products to sell. Her dream is to have her own establishment in the future, so that she does not have to work in the streets.
La Sra. Roly, una de las miembros de este grupo, se dedica a la venta ambulante, su trabajo es muy sacrificado ya que llueva o no tiene que salir a trabajar en busca del bienestar de su familia. Es muy loable todo lo que hace, pues quiere que su familia tenga todo lo que ella no pudo tener. Solicita de este crédito para la compra de sabanas, edredones, frazadas y demás productos para poder seguir vendiendo.
Su sueño es que el día de mañana ya no tenga que hacer su trabajo en forma ambulante y tener un local propio.
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