San Jose Group
Sofia is part of this group; she has a small stand where she sells all types of products like food, drinks, candy, and more. She works every day in her small business in order to get an income with which she can help her loved ones. She is a very hard-working person who, with sacrifice, is getting ahead in life.
She asks for this loan so that she can invest in the purchase of candy, juices, cookies, and other products that will allow her to continue with her sales and to give her clients what they ask for. She is grateful for the help that she is receiving to improve.
Sofia es parte de este grupo, ella tiene un pequeño copetín donde vende todo tipo de productos, como ser comestibles, bebidas, golosinas y demás. En su pequeño negocio trabaja todos los días para poder tener un ingreso con el cual poder ayudar a sus seres queridos. Ella es una persona muy trabajadora, que con sacrificio esta saliendo adelante.
Ella pide este préstamo para poder invertirlo en la compra de golosinas, jugos, galletitas y demás productos, que le permitirá poder seguir con sus ventas, y dando a sus clientes lo que piden. Agradece por esta ayuda que está recibiendo de ir mejorando.
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