Santa Lucia Group
One of them, Mercedes, makes a living selling cheese and milk. She says she starts working very early because she has to distribute the milk to her customers for breakfast. She's a very hardworking person who wants to get ahead, so she makes the maximum effort.
She's requesting this loan to buy milk and cheese to sell so she can have the means to continue helping her family.
She's grateful for the big opportunity they're all receiving because it'll be a big help to them.
Mercedes, una de ellas se dedica a la venta de queso y de leche. Comenta ella que empieza a trabajar desde muy tempranas horas, ya que tiene que repartir la leche a sus clientes para la hora del desayuno. Ella es una persona muy trabajadora, que quiere salir adelante, por lo cual se esmera al máximo y quiere salir adelante.
Solicita de este crédito para poder invertirlo en la compra de leche y queso, el cual podrá vender y de esa forma procurar los medios para poder seguir ayudando a su familia. Agradece por la gran oportunidad que todas están recibiendo, ya que les será de mucha ayuda.
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