Santa Lucia Group
One of them is Sustiana, who sells chickens for a living. She says that her business is going very well as she already has a good customer base.
Thanks to her work and sacrifice, she has been able to support her family and cover their basic expenses. She and her friends, the members of the communal bank, want to help their families and give them a decent life.
She is asking for this loan so she can buy chickens to fulfil her customer's orders. She thanks the foundation for the opportunity it is giving her.
Una D. ellas es Sustiana, quien se dedica a la venta D. pollos, comenta que le va muy bien en el negocio, por lo que ya se ha formado una buena clientela. Gracias a su trabajo y sacrificio ha logrado salir adelante y cubrir sus gastos básicos. Ella al igual que sus amigas, integrantes D. comité, desean ayudar a sus familias dándoles una vida digna y decorosa.
Ella solicita el crédito para la compra D. pollos, con lo cual podrá abastecerse y cumplir con los pedidos D. su clientela. 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