Las Marias Group
Mary sells milk and she says that her day starts very early, given that she has to deliver her product to her customers for breakfast. She notes that thanks to her good product she has developed a very good customer base that faithfully buys from her. Her dream is to continue growing and one day be able to have a large dairy farm. She's asking for this loan to be able to invest in the purchase of milk, to have a better stock and therefore continue supplying her customers.
In the photo there are 19 women because this is the number of women in the group, but only 17 received credit in this cycle.
Mary se dedica a la venta de leche, comenta que ella su día empieza desde muy tempranas horas, ya que tiene que llevar su producto a sus clientes para la hora del desayuno. Cuenta que gracias a su buen producto se ha hecho de muy buena clientela, que fielmente compra de ella. Su sueño es poder seguir creciendo y algún día poder tener un tambo grande.
Solicita de este crédito para poder invertirlo en la compra de leche, para poder tener un mayor stock y de esa forma seguir abasteciendo a sus clientes. En la foto del grupo aparecen 19 mujeres, ya que ese es el numero de miembros en el comité, pero solo 17 retiran crédito en esta oportunidad.
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