Maria Auxiliadora Group
Marciana is one of the members. She is a very hard-working woman, who reports that she sells natural remedies on the streets to be taken with mate and terere, Paraguay's traditional drinks. By means of this work she helps her family and other loved ones.
Marciana is requesting this loan so that she can purchase natural remedies to restock her inventory and have a greater variety to offer her customers.
Marciana es una de las integrantes, ella es una mujer muy trabajadora, comenta que se dedica a la venta ambulante de remedios naturales para mate y terere (bebidas tradicionales de Paraguay), es por medio de este trabajo que ella ayuda a su familia y a sus demás seres queridos.
Ella pide este préstamo, ya que quiere poder comprar remedios naturales para poder surtirse y tener mayor variedad que poder ofrecer a sus clientes.
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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