4 De Mayo Group
One woman worth mentioning is Carolina who, through her fruit sales is prospering and helping her family. She is a fighter and would soon like to have a big fruit shop to continue working.
She is applying for this loan to buy fruits so she can go on providing her customers with fresh fruits.
Una persona digna de destacar es la Sra. Carolina, quien por medio de su venta de frutas esta saliendo adelante y ayuda a su familia. Ella es una persona muy luchadora que desea el día de mañana poder tener una gran frutería para poder seguir trabajando.
Solicita de este crédito para la compra de frutas y así seguir dando a sus clientes buenas frutas frescas.
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