San Pedro Group
Palmira is one of the members. She is grateful for the opportunity from the Paraguayan Foundation, because this loan will be a big help that will allow her to keep growing. Palmira tells us that she makes a living selling all kinds of food, which is going very well, since she cooks very well. Because of this she has already been able to establish a good customer base. One of her goals is to be able to keep growing and helping her family.
She is asking for the loan for the purchase of meat, vegetables, condiments, baking goods, and all the other necessary ingredients for the foods she makes.
La señora Palmira es una de las miembros, ella agradece la oportunidad a la Fundación Paraguaya por que este crédito le será de gran ayuda para poder seguir creciendo. Palmira nos comenta que se dedica a la venta de comidas de todo tipo, en lo cual le va muy bien, ya que cocina muy rico y por ello ha podido formarse ya una buena clientela. Una de sus metas es poder seguir creciendo y ayudando a su familia.
Ella solicita el crédito para la compra de carne, verduras, condimentos, panificados y demás insumos necesarios para los alimentos que hace.
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