Sagrada Familia 2 Group
One of the members, Sra. María, sells food. She and her family support themselves by working together in order to get ahead. Someday María would like to have a large food establishment so that she can offer food to more customers. This would also enable her to generate more income so that she can help her family.
María is requesting a loan so that she can invest in the purchase of meat, vegetables, condiments, flour, eggs, and other items. These are the main ingredients that she always uses in preparing her dishes.
La Señora María, una de las integrantes se dedica a la venta de comidas, su familia se mantiene trabajando junto con ella para así poder salir adelante. María quiere, algún día, poder tener un gran establecimiento de comidas, para que de esa forma pueda ofrecer a más clientes sus comidas y también tener mejores ingresos con los que ayudará a su familia.
Pide este crédito para poder invertirlo en la compra de carne, verduras, condimentos, harina, huevo y demás, los cuales son los principales que siempre utiliza para poder hacer sus comidas.
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