San Arnoldo Group
María is part of this group. She has a well-stocked grocery store that she was able to set up with much effort. She comments that it was difficult at first but later on it gradually took root and improved; today her clientele is very good.
She requested this loan to buy stock like vegetables, beverages, meat, cleaning supplies, etc. for her store. She’s grateful for this growth and improvement opportunity she’s receiving.
La Sra. María es parte de este grupo, ella tiene una despensa bien surtida, que con mucho trabajo y esfuerzo pudo montar. Comenta que al principio le costó un poco, pero después poco a poco se fue afianzando y mejorando, y hoy ya tiene muy buena clientela.
Solicitó de este crédito para poder invertirlo en la compra de insumos para su despensa, como ser verduras, bebidas, carne, artículos de limpieza y demás. Agradece por esta oportunidad que recibe de crecer y mejorar.
More information about this loan
This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.
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
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Success!! The loan was 100% repaid