San Antonio Group
Laura's goal has always been to make her kids study and to be good people so that they don't have to go through the hardships that she went through. Laura is asking for this credit in order to buy supplies for her pantry. She wants to be able to stock a good variety of products for the coming Christmas season.
Laura tiene una despensa bien surtida, en la que trabaja todos los días desde muy temprano. Gracias a su negocio da a sus hijos todo lo que necesitan, y hoy ya recibe la ayuda de uno de ellos. La meta de siempre de Laura ha sido poder hacer que sus hijos estudien y sean personas de bien para que no tengan que pasar necesidades como las que ella pasó.
Laura solicita de este crédito para la compra de insumos para su despensa, ya que quiere poder surtirse con buena variedad de productos para la navidad que se acerca.
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