Ara Poty Group
Ninfa is one of the members who sells products and general household items and has made a lot of sacrifices to come out ahead, she does it for her loved ones so they don’t lack anything.
She is requesting this loan to invest it in the purchase of various products for sale such as soap, sweetener, cookies and more. This way she can continue working as she has been doing.
Una de las integrantes la Sra. Ninfa quien se dedica a la venta de productos y artículos en general para el hogar, y cuenta que con mucho sacrificio está saliendo adelante, pero que lo hace por ayudar a sus seres queridos a que no les falte nada.
Ella pide este préstamo para poder invertirlo en la compra de insumos varios para la venta, como ser jabones, edulcorantes, galletitas y demás, y de esa forma seguir trabajando como lo viene haciendo.
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