One of the members is Ana who by means of her effort and non-stop work and the application of behaviors vital for a successful woman, is improving her poverty situation. Ana has a small snack bar where she sells food, beverages, snacks and others.
She’s asking for this loan to buy snacks, beverages and ingredients to prepare the food and others so that she can continue with her sales and help her family by means of this income. She’s grateful for this opportunity she and her fellow members are receiving.
Una de las integrantes es la Sra. Ana, quien a través del esfuerzo y el trabajo continuo y las aplicaciones de los comportamientos vitales de una mujer exitosa, ella se encuentra mejorando su situación de pobreza. Ana tiene un pequeño copetín donde vende comestibles, bebidas, golosinas y demás.
Ella solicita de este crédito para la compra de golosinas, bebidas, insumos para hacer comestibles y demás, y de esa forma poder seguir con sus ventas y ayudar a su familia por medio de esos ingresos. Ella agradece por esta oportunidad que ella y sus compañeras están recibiendo.
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