San Miguel Group
Adolfina is a member of this group and sells chipas (typical Paraguayan food). Her sales continue to improve since chipas are eaten anytime during the year. She has good sales and continues to grow. She is known as being a hardworking woman who wants to get ahead and grow to help her family.
She is asking for this loan so she can invest in chipas to sell so she can keep working.
Adolfina, quien es parte de este grupo se dedica a la venta de Chipas (Alimento Típico paraguayo). Sus ventas cada vez van mejor ya que las chipas son consumidas en todo momento del año, tiene buena venta y cada vez está creciendo más. Ella se define a si misma como una persona muy trabajadora que desea salir adelante y crecer para ayudar a su familia.
Solicita de este crédito para poder invertirlo en la compra de chipas para poder venderlas y seguir trabajando.
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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