Sagrada Familia Group
The committee is currently in its second loan cycle. The members say that they all work very well together and if any problem arises between the them, they try to solve it together in order to lessen it.
Maria sells sweet treats. She has been in this business for quite some time. People from many places come to buy her sweet treats. She says that she has a lot of demand which is very good as it makes her good income. In the future, she would like to be able to set up a confectionery store.
Maria is requesting this loan to buy ingredients for her sweet treats such as sugar, dyes, powders, etc.
Actualmente el comité se encuentra en el segundo ciclo. Manifiestan que trabajan muy bien todas juntas pues si surge algún imprevisto entre ellas, tratan de solucionarlo juntas, así el problema será menor.
La Señora Maria vende dulces, se dedica a esto hace ya un buen tiempo por lo que ya tiene una clientela definida. Personas de muchos lugares vienen a comprar de ella los productos que ofrece. Comenta que tiene mucha demanda, lo cual le es muy bueno por los ingresos que recibe. A ella le gustaría, en el futuro, poder tener una dulcería.
Ella solicita el crédito para la compra de los ingredientes para sus dulces, como ser azúcar, colorantes, polvos y demás. Desde ya agradece la oportunidad que tiene a la Fundación.
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