Maria Auxiliadora Group
Mrs. Teresa makes a living from the sale of pork, vegetables, home-raised chicken and other things. She is the type of person who always strives to get ahead which shows as she does everything in her power to continue growing and helping her family. She would like to continue investing in her job and because of this she is requesting the loan, as she would like to buy vegetables and in that way have more stock.
She is very thankful because her group has offered her good support and she is moving forward.
La Sra. Teresa se dedica a la ventas de carne de chancho, verduras, gallina casera y demás. Es una persona que se esfuerza mucho por salir adelante y se nota ya que hace de todo para poder ir creciendo y ayudando a su familia. Quiere seguir invirtiendo en su trabajo y es por eso que solicita de este crédito, ya que quiere comprar verduras y así abastecerse un poco más.
Ella está muy agradecida, ya que su grupo ha sido un buen sostén para ella y está saliendo adelante.
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