El Amanecer Group
Eugenia, a member of the group, works in sales. She has a store well-stocked with all types of products. She really wants to come out ahead and to progress to be able to support her family.
She is requesting this loan to be able to buy vegetables, noodles, rice, meats and more in order to be able to continue providing variety to her customers and in this way continue working and fulfilling the demands.
Eugenia, una miembro del grupo, trabaja en las ventas, ya que tiene una despensa bien surtida con todo tipo de productos. Ella tiene muchas ganas de salir adelante y progresar para poder apoyar a su familia.
Ella solicita este crédito para la compra de verduras, fideos, arroz, carnes y demás para poder seguir dando la variedad a sus clientes y de esa forma seguir trabajando y cumpliendo con la demanda.
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