San Francisco De Asis Group
Jorgelina puts her efforts towards her work in handicrafts to cover her household expenses. Her second activity is a small snack bar in the local school. Therefore, this loan is very important to her because she will be able to invest in her business activities and earn her own income.
She would like to invest in her business, which is why she has applied for this loan. She would like to buy candy, cookies, juice and other items to stock her snack bar.
La Sra. Jorgelina que con esfuerzo para sostener los gastos del hogar trabaja en la artesanía y su actividad secundaria cuenta con una pequeña cantina en la escuela de su zona por tal motivo es de suma importancia para ella el crédito así podrá invertir en sus actividades y generar sus propios ingresos.
Ella quiere poder invertir en su negocio, es por eso que solicita este crédito, ya que quiere comprar golosinas, galletitas, jugos y demás, para poder surtir su cantina.
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