Graciela, who is part of the group, sells natural medicines (yuyos). She says that she always sells many yuyos and helps her family in this manner. She is very happy about her work because it’s dignified and above all honest. She knows that she can go far through her work and she gives it her all.
She is asking for this loan to buy yuyos in quantity so she can have more earnings and be able to offer fresher products to her customers as they have become accustomed.
Graciela, quien es parte de este grupo, cuenta que se dedica a la venta de medicinas naturales (yuyos). Ella cuenta que siempre vende muchos yuyos y que con eso ayuda a sus familiares, esta muy contenta con lo que hace ya que es un trabajo muy digno y por sobre todo honesto. Ella es consciente de que trabajando podrá llegar lejos, y es por eso que pone todo de ella.
Solicita de este crédito para poder invertirlo en la compra de yuyos al por mayor, ya que así tendrá más ganancias y podrá surtirse para dar a sus clientes productos frescos a los 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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Success!! The loan was 100% repaid