San Roque Group
Elba sells drinks and has many customers, thanks to the amount of time she has in this business. She is asking for this loan to buy beer, wine, soft drinks, and others.
The group is thankful for their opportunity because they can keep growing and helping their families.
Elba se dedica a la venta de bebidas, y gracias al tiempo que lleva con este negocio se ha hecho de muy buena clientela. Solicita de este crédito para invertirlo en comprar cervezas, vinos, gaseosas y demás.
Ella y su grupo agradecen por la oportunidad que reciben,, ya que pueden ir creciendo y ayudando a sus familias.
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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