Buena Vista 2 Group
One of the group's members is Gladys. She has a well-stocked grocery store running out of her house. She is married to Nelson, who is employed at a business. They have one child, for whom both parents work hard to prosper and to make their lives better.
Gladys is applying for a loan to buy drinks, dairy products, vegetable and other supplies in order to continue working and so help her family to have a better lifestyle.
Una de las integrantes del grupo es la Sra. Gladys, ella tiene su Almacén bien surtido en su casa, está casada con el Sr. Nelson que es empleado de una empresa, tienen 1 hijo, por quien ambos se esfuerzan por salir adelante e ir mejorando sus vidas.
Ella solicita de este crédito para la compra de bebidas, lácteos, verduras, y demás insumos para poder seguir trabajando y así ayudar a su familia a tener un mejor estilo de vida.
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