This is a large group from the city of Encarnación. It has twenty-eight members, so it's one of the biggest. It's praiseworthy that they are all very close-knit and work together, and thanks to their work they're already on their fourth loan cycle.
One of the members is Mirtha. She has an eatery where lots of people come every day for her yummy dishes. She's joined by Ernesto, a painter, and together they have have two children to whom they strive to give everything they need.
Mirtha is seeking this loan to buy meat, chicken, vegetables, condiments, baked goods and other items to continue making the delicacies that delight her clients.
Este es un grupo numeroso de la ciudad de Encarnación, tiene 28 miembros, ya que es un grupo muy numeroso es muy loable que todas ellas estén muy unidas y trabajen juntas, y gracias a su trabajo ya están en su cuarto ciclo.
Una de las integrantes del grupo es la Sra Mirtha, ella tiene su comedor, donde acuden muchas personas día a día para poder comer sus ricas comidas, ella está acompañada con el señor Ernesto, quien es Pintor, tienen dos hijos por quienes ella y su esposo se esfuerzan, para poder darles todo lo que necesitan.
Mirtha solicita de este crédito para la compra de carne, pollo, verduras, condimentos, panificados y demás productos para poder seguir haciendo las delicias con las que deleita a sus clientes.
About Fundación Paraguaya
Fundación 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.