Santa Margarita Group
The group's members have sacrificed a lot, year after year, to support their families and overcome the huge obstacles they've had to face.
Sra. Tomasa has operated a food- and baked goods-sales business for several years. She gets up early to make the goods she sells. She says that she has many customers because the food she makes is very good. She would like to open a restaurant one day.
She is applying for a loan that she will use to buy meat, eggs, milk, sugar and the other supplies she needs to make the meals and sweets that she sells. She is grateful to the Fundacion for the opportunities it has given her.
El comité lo conforman mujeres muy sacrificadas que han luchado toda su vida para llevar adelante a sus familias a pesar de los obstáculos que siempre existen.
La Sra Tomasa quien se dedica hace varios años a la venta de comida y repostería ella se levanta muy temprano a preparar su comida para vender. Comenta que tiene muchos clientes ya que sus platos son muy ricos. Le gustaría, algún día pode abrir un restaurante donde vender sus alimentos
Ella solicita el crédito para la compra de carnes, huevos, leche, azúcar y otros, insumos necesarios para la elaboración de las comidas y dulces que la señora prepara. Agradece a la Fundación por la oportunidad que esta le da.
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