Santa Rita Group
Veronica is a retailer, owing a small and well supplied stall where she works every day from very early in the morning. She strives and makes efforts to get ahead in life, and her plan for the future is to transform her small stall into a big store with which improve her family’s standard of living as well as her own. She says that her activity is going very well because she is always very kind and her prices are good.
She is requesting a loan to invest it in the purchase of noodles, rice, oil, sugar, maté, flour and bread, in order to keep on offering her customers everything they need and ask for.
La Sra. Veronica se dedica a las ventas, ya que tiene un pequeño kiosco bien surtido donde todos los días trabaja desde muy tempranas horas. Ella lucha y se esfuerza por salir adelante, y el día de mañana convertir su pequeño Kiosco en una amplia despensa, con la cual podrá mejorar sus condiciones de vida y la de su familia. Ella cuenta que gracias a que siempre es muy amable y tiene buenos precios en su negocio es que le está yendo muy bien.
Esta solicitando de este crédito para poder invertirlo en la compra de fideos, arroz, aceite, azúcar, yerba, harina, pan y de esa forma poder seguir ofreciendo a sus clientes todo lo que necesitan y piden.
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