One of these determined women is Apolinaria, who sells cheese. She is looking to earn more income so that she can provide what her family needs. Apolinaria knows that the only way for this to happen is to work and persevere. She is requesting a loan so that she can invest in the purchase of cheeses. Since Holy Week is approaching, she will have more orders and will need to fulfill them.
Una de estas mujeres luchadoras es Apolinaria, quien a través de la venta de queso, busca tener un mejor ingreso para poder dar a su familia lo que necesitan. Ella sabe que la única forma de tener lo que uno quiere es trabajando y esforzándose por luchar.
Solicita de este crédito para poder invertirlo en la compra de quesos, ya que esta cerca la semana santa y es cuando más pedidos tiene y quiere poder cumplir con ellos.
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