San Juan Group
Rosalina is one of the group members. She makes and sells all kinds of food. She tells us that this is going very well for her because her food is delicious and in high demand. Her goal is to have a storefront in order to offer her customers greater comfort.
She is requesting a loan for the purchase of meat, condiments, vegetables, pastries and other necessary ingredients for making her food.
Rosalina es una de las miembros, ella se dedica a la elaboración y venta de comestibles de todo tipo, comenta que le va muy bien debido a que tiene muy buena sazón y sus comidas son muy solicitadas por sus clientes. Su meta es poder tener un local, en el cual podrá ofrecer mayor comodidad a sus clientes.
Ella solicita el crédito para la compra de carne, condimentos, verduras, panificados y demás insumos necesarios para la elaboración de los alimentos que vende.
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