Las Mercedes Group
Aida is 37 years old. She is married to Calixto and they have 3 children together. Aida is a street vendor in Planteras, and she says that all of her sacrifices are to be able to give her family what she can and also to help her husband.
She is asking for the loan to invest it in buying ceramics, paint, clay etc. to keep selling her planters.
La Sra Aida tiene 37 años de edad esta Casada con el Sr Calixto, juntos tienen 3 hijos. La Sra Aida es vendedora ambulante de Planteras, y cuenta que todo el sacrificio que hace es para poder dar a su familia lo que pueda y también ayudar a su marido.
Solicita el crédito para poder invertirlo en comprar cerámica, pinturas, barro etc y así poder seguir vendiendo sus planteras.
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