Maria Auxiliadora Group
One of the group's members is Agueda, who makes a living selling vegetables. She has a small but well-stocked stall where every day, from early in the morning, she sells a variety of fresh vegetables to her customers. Agueda's aim is to continue with this work so that she can provide her family with what they need, so that they do not go without.
Agueda is applying for this loan to invest in buying fresh vegetables to sell. These vegetables include onions, tomatoes, peppers and more and will allow Agueda to continue with her business.
Una de las integrantes es la Sra. Agueda quien se dedica a la venta de verduras, tiene un pequeño puesto bien surtido, donde día a día desde muy tempranas horas ofrece a sus clientes toda variedad de verduras frescas. Ella tiene como meta la de poder seguir trabajando y de esa forma dar a su familia todo lo que necesitan para no tener que pasar por ningún tipo de privaciones.
Agueda solicita de este crédito para poder invertirlo en la compra de verduras frescas para la venta, como ser cebollas, tomates, locotes, y demás tipos, para así seguir con su negocio.
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