San Miguel Group
Sra. Noelia is one of the members and the president of the group. She is 27 years old, married, and has three children. Noelia is an enterprising and innovative woman. She sells all types of basic necessities such as sugar, noodles, meat, milk, baked goods, rice, beverages, oil, flour, and other products. She says that she generate a very good income, which allows her to help her husband with the household expenses. One of dreams is to use the income from her business to provide her children a good education so that they can attend the university someday.
The loan she is requesting will be used to buy sugar, noodles, meat, milk, baked goods, rice, beverages, oil, flour, and other products in order to restock her business. This will enable her to satisfy her customers.
La Señora Noelia es una de las miembros, es la presidenta del grupo, tiene 27 años, está casada y tiene 3 hijos, es una mujer muy emprendedora e innovadora. Ella se dedica a la venta de varios tipos de artículos de primera necesidad como ser azúcar, fideos, carne, leche, panificados, arroz, bebidas, aceite, harina y otros. Comenta que esto le genera muy buenos ingresos, con los cuales puede ayudar a su marido en los gastos de la casa. Uno de sus sueños es que por medio de su trabajo ella pueda darle a sus hijos una buena educación, para que estos algún día puedan estudiar en la universidad.
Ella solicita el crédito para la compra de azúcar, fideos, carne, leche, panificados, arroz, bebidas, aceite, harina, entre otros, lo cual le ayudará a abastecer su negocio, con lo cual podrá cumplir con 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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Success!! The loan was 100% repaid