Liz, the group’s president, says that she is always willing to help her friends and always motivates them to continue working. She is a saleswoman; she has a well assorted grocery shop in which she works every day.
She is requesting this loan to buy supplies for her shop, such as beverages, meat, bakery products, milk, yerba mate and sugar.
Liz and her group are happy working together and want to continue doing it. This is why they will do whatever it takes to be together.
Liz, la presidenta es parte de este grupo, comenta ella que siempre tiene muy buena predisposición para poder ayudar a sus amigas y que siempre las anima a seguir trabajando. Ella por su parte también trabaja, se dedica a las ventas, ya que tiene una despensa bien surtida, en la que trabaja todos los días.
Esta solicitando de este préstamo para poder invertirlo en la compra de insumos para su despensa, como ser bebidas, carne, panificados, leche, yerba, azúcar y demás.
Liz y su grupo están contentas por trabajar juntas y quieren seguir haciéndolo, es por eso que pondrán todo de ellas para seguir juntas.
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