Mujeres De Santo Tomas Group
Gloria works from early morning every day and finishes late in the evening. She is a hardworking person and says that she has been able to improve and grow her business so that she could help her family, thanks to the loans through the foundation and support from the group.
She is asking for this loan so that she can buy meat, vegetables, fruits, sugar, etc. in order to stock her store and be able to continue growing.
Gloria trabaja todos los días desde muy tempranas horas de la mañana y termina muy tarde en la noche. Ella es una persona muy trabajadora y comenta que gracias a la ayuda de su grupo y a los créditos de la fundación ha podido mejorar su trabajo e ir creciendo para poder ayudar a su familia.
Ella solicita de este crédito para poder usarlo en la compra de carnes, verduras, frutas, azúcar, etc. para cargar más su despensa y poder seguir creciendo.
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