San Antonio Group
Librada is the group president. She buys and sells from her small food pantry, which is well-stocked. Librada works every day at her business, beginning in the early morning hours and continuing until very late at night. She is an enterprising individual who has been able to get ahead as a result of her great sacrifice and effort.
Librada is requesting a loan so that she can restock her food pantry with all types of products such as vegetables, meats, fruit, milk, baked goods, and other items that will keep her business in good standing. She knows that this business will allow her to continue working and growing.
Librada es la presidenta del grupo, se dedica a las ventas y cuenta que tiene una pequeña despensa bien equipada, en donde trabaja todos los días desde muy tempranas horas del día, hasta muy tarde en la noche. Es una persona muy emprendedora que con mucho sacrificio y esfuerzo ha logrado salir adelante.
Ella solicita de este crédito para poder surtir su despensa con todo tipo de productos, como ser verduras, carnes, frutas, leche, panificados y demás insumos que son de mucha salida en su negocio. Sabe que por medio de este trabajo podrá seguir trabajando y creciendo.
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