Maria Auxiliadora Group
Rosana is a member of this group. She sells plants and has a nursery well-stocked with all types of flowers, fruit trees, ornamental plants and more. She mentions that she has a diverse customer base and that thanks to her work her family has everything they need.
She is seeking this loan in order to buy fertilizer, seeds, compost and other supplies. This will enable her to keep making sales and give her customers what they want.
La Sra. Rosana es parte de este grupo, ella se dedica a la venta de plantas ya que tiene un vivero bien surtido con todo tipo de flores, árboles frutales, plantas ornamentales y demás. Comenta que tiene una muy variada clientela y que gracias a su trabajo a su familia no le falta nada.
Solicita de este crédito para la compra de abonos, semillas, fertilizantes y demás insumos para poder seguir haciendo sus ventas y dar a su clientela lo que busca.
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