Santa Librada Group
Adelia Periera is one of the members. She has a grocery store, which is much frequented by the area’s inhabitants. This is because it is well stocked and because of her characteristic friendliness.
She wishes to expand her business by purchasing basic needs items like canned goods, packaged goods, cleaning supplies, notions, bazaar items, hardware, and bookstore products. She will buy all of this in greater quantity. That way she will keep the prices low and be good competition in the market. At the same time her income will increase. That is why she is requesting this loan.
La Sra. Adelia P. es una de las integrantes y posee una Despensa, la cual es bastante concurrida por los pobladores de la zona, siendo que está bien surtida y por la amabilidad que caracteriza a la señora.
Ella desea ampliar el negocio, con la compra de artículos de primera necesidad, enlatados, empaquetados, artículos de limpieza, mercería, bazár, ferretería, librería; todo esto en mayor cantidad, de modo a mantener los precios bajos y ser buena competencia en el mercado y al mismo tiempo incrementar sus ingresos por este fin solicita el prestamo.
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