Caaguazu Poty Group
Alicia is part of this group, and she is the president. She says that she wants to motivate her colleagues to work for their principles and to not give up.
Alicia is a merchant, and she has a well-stocked store in her house. With the store she is getting ahead. She started with a small business, but with effort she is getting ahead.
She is requesting this loan in order to buy basic needs supplies. She will stock her store with rice, noodles, vegetables, milk, cleaning products, and others. With this she will continue working and getting ahead.
Alicia es parte de este grupo, además que es la presidenta. Cuenta que ella quiere motivar a sus compañeras a luchar por ss ideales y que no se dejen vencer. Alicia es comerciante, ya que tiene una despensa bien surtida en su casa, y con esto está saliendo adelante. Empezó con un pequeño negocio, pero con esfuerzo está saliendo adelante.
Solicita de este crédito para poder invertirlo en la compra de insumos de primera necesidad para surtir su negocio con: arroz, fideos, verduras, leche, productos de limpieza, y demás, y con esto seguir trabajando y saliendo adelante.
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