Cristo Rey Group
Carolina is the group’s president and she is a person who wants to get ahead. She is very enthusiastic and has many ideas for helping her friends from the group to get ahead. She sells drinks and her number of customers increase as time passes. Things are going well for her because of her efforts and she is growing.
She is asking for this loan to buy soft drinks, wines, juices, beer, etc. In this way she will be able to continue providing a variety of good quality products to her customers.
Carolina, la presidenta del grupo, es una persona que desea salir adelante, es muy entusiasta y tiene muchas ideas para poder ayudar a sus amigas del grupo a salir adelante. Ella vende bebidas, y conforme pasa el tiempo va aumentando su clientela, le está yendo muy bien y con su esfuerzo está creciendo.
Solicita de este crédito para poder invertirlo en la compra de gaseosas, vinos, jugos, cervezas, etc., con los que podrá seguir dando buena calidad y variedad a sus clientes.
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