Daniela’s story is that she sells haberdashery items on the Argentinian side. She has always worked hard to get ahead and provide her family with everything they need. She wants to be able to continue doing it. She is asking for this loan to buy merchandise so that she can provide her customers the variety to which they are accustomed.
Una de las historias es la de la Sra. Daniela quien se dedica a la venta de productos de mercería lo cual hace hacia el lado argentino. Ella es una persona que desde siempre ha luchado por salir adelante y dar todo a su familia, y quiere poder seguir haciéndolo, es por eso que pide de este crédito, el cual quiere invertir en la compra de artículos de mercería y de esa forma seguir dando a sus clientes la variedad a la que están acostumbrados.
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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