Medalla Milagrosa Group
Fatima is part of this group. She sells all types of drinks. She says that it keeps getting better and better for her because with the hot weather she has improved sales. She is a very hard-working person. Ever since she was young she has worked, and she is not afraid of any challenge.
She is requesting this loan to buy beer, wine, soft drinks, energy drinks, and other drinks in order to be able to stock her business with a greater variety of drinks.
Fatima es parte de este grupo, ella vende todo tipo de bebidas, y comenta que cada vez le va mejor, ya que con el clima cálido tiene mejores ventas. Ella es una persona muy trabajadora, que desde joven ha trabajado y no teme a ningún desafío.
Solicita de este crédito para poder invertirlo en la compra de cervezas, vinos, gaseosas, energizantes y demás bebidas para poder surtir su negocio con más variedad de ellas.
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