La Esperanza Group
Karen earns a living selling beverages. She's married to Sebastián; they have one child and are about to welcome the next member of their family.
She requested the loan to buy beverages because she wants to continue selling and working to continue growing.
Karen's goal is to stock her business to form a general store or a grocery store because selling beverages earns good profits.
La Sra. Karen se dedica a la venta de bebidas esta casada con el señor Sebastian, tienen 1 hijo, y esta a punto de recibir al próximo integrante de la familia. Ella solicitó el crédito para la compra de bebidas, ya que quiere seguir vendiendo y trabajando para seguir creciendo. Karen tiene como meta surtir el negocio para formar una despensa o bodega ya que dedicarse a la venta de bebidas tiene una buena ganancia
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