San Cayetano Group
Maria is the president of the group. She sells agricultural products, and has a small food store. She lives with her children and her husband, who all collaborate with the housework.
She is asking for a loan to buy various products for her food store, such as vegetables, fruit, meat and other supplies. In this way, she will be able to maintain her sales.
La Sra. Maria es la presidenta del grupo, ella se dedica a la venta de productos agrícolas, y tiene una pequeña despensa, vive con sus hijos y su marido, donde todos en la casa colaboran en el trabajo de la casa.
Pide este préstamo para poder invertirlo en la compra de productos varios para su despensa, como ser verduras, frutas, carne y de más insumos para poder seguir con sus ventas 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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