Santa Ana Group
Antonia is one of the members of this group. She works every day in her store, from the early hours of the morning until it is very late. She is a person who exerts herself a lot so that she can get ahead and give her family everything that she possibly can.
Antonia is requesting this loan to buy merchandise for her store, such as drinks, milk, bread, yerba tea, sugar, and other of her most popular products. She wants to have a good supply of these items in stock.
In the group, there are some people who are helping the others, but who are not taking loans themselves. This is why there are 14 women in the photograph.
Antonia es una de las miembros, ella trabaja de lunes a domingos en su despensa, desde muy tempranas horas, hasta muy tarde. Es una persona que se esfuerza mucho por salir adelante y dar a su familia todo lo que esta a su alcance.
Antonia solicita de este crédito para la compra de insumos para su despensa, como ser bebidas, leche, pan, yerba, azúcar y demás, que son los que mas salida tiene y quiere tener un buen stock de ellos.
En el grupo hay personas que las ayudan, pero que no retiran crédito, es por eso que hay catorce mujeres en la foto.
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