Niño Jesus Group
One of the members of the group is Mirian. She has a pantry in her house where she has all kinds of basic essential goods, which are needed by her neighbors. She is married to Eligio, who works for a company. They have 2 children, on whose behalf they both work relentlessly so they can give them everything they need to have a life without deprivation.
Mirian says that thanks to her group and the support of her friends, she has been able to grow a lot and progress. She is asking for this loan to be able to invest in buying goods for her pantry to sell, such as meat, vegetables, baked goods, dairy products, etc.
Una de las integrantes del grupo es la Sra Mirian, ella tiene su despensa en su casa, donde tiene todo tipo de productos de primera necesidad, con lo que necesitan sus vecinos, está casada con el señor Eligio que es empleado de una empresa, tienen 2 hijos, por quienes ambos trabajan tenazmente para poder darles todo lo que necesitan para una vida sin privaciones.
Cuenta la Sra. Mirian que gracias a su grupo y al apoyo de sus amigas ha podido crecer mucho e ir progresando. Solicita de este crédito para poder invertirlo en la compra de productos para su despensa, como carne, verduras, panificados, lácteos, y demás.
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