La Union Group
The women who currently compose the group are residents of the Barcequillo neighborhood in the town of San Lorenzo: they have had the chance to keep on working with the same institution, and their work has progressed on a daily basis.
Cinthia owns a fruits & vegetables stall that attracts many customers, thanks to the quality of her products as well as to the caring way she tends to her customers.
She wishes to improve her income, and she plans to do so by lowering the price of her products through the wholesale purchase of bigger quantities of products.
She would also like to buy a wider variety of seasonal fruit.
Actualmente el grupo esta conformado por señoras que viven en Barcequillo de San Lorenzo - asi tuvieron la posibilidad de seguir trabajando con la institucion y fueron mejorando dia a dia.
La Sra. Cinthia posee un puesto de venta de frutas y verduras, el mismo posee buena demanda teniendo en cuenta la calidad de sus productos además de la buena atención.
La señora desea aumentar sus ingresos, abaratando el costo de sus mercaderías, mediante la adquisición en mayores cantidades, de modo a obtener mayores ingresos.
Así también desea adquirir más variedad de frutas como son las de estación.
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