San Pedro Group
One of the members, Emeteria, is an entrepreneur who works hard to get ahead. She is a very capable person who sets goals for herself every day to improve her situation. By selling fruits and vegetables and working hard, she is growing little by little and helping her family.
Emeteria is requesting a loan to buy fruits and vegetables to continue with her sales. All of the members of the group are grateful for this opportunity, which will be very helpful to them.
Una persona muy emprendedora es Emeteria, quien por medio de su esfuerzo está luchando por salir adelante, es una persona muy capaz que día a día tiene como meta ir superándose. Ella vende frutas y verduras, y comenta que gracias a su trabajo esta creciendo poco a poco y ayuda a su familia.
Solicita de este crédito para poder invertirlo en la compra de frutas y verduras y de esa forma poder seguir con sus ventas. Todas las integrantes están agradecidas por esta oportunidad que reciben, 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