San Isidro Group
One of the members, Edelmira, sells tereré and medicinal herbs. Tereré is a traditional Paraguan beverage made from medicinal herbs which Paraguayans drink every day, rain or shine. She says business is going very well because she has been doing this for some time now and has a good customer base.
Edelmira is requesting a loan to buy tables to display her natural remedies. This will help with sales so she can continue offering good products to her customers.
Una de las integrantes es la Sra. Edelmira, quien se dedica a la venta de terere y de hierbas medicinales. El terere es una bebida tradicional paraguaya, que se hace a base de hierbas medicinales, lo cual todos los días los paraguayos la toman, haga frio o calor. Ella cuenta que le está yendo muy bien en sus ventas, ya que hace tiempo que se dedica a esto y esta ya con una clientela bien formada.
La Sra. Solicita de este crédito para la compra mesitas para que pueda exhibir encima de ello sus remedios naturales, lo que le ayudará a seguir con sus ventas y seguir ofreciendo buenos productos a sus clientes.
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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