La Esperanza Group
Pamela is one of the members of the communal bank. She has a grocery store in her house. She has 1 child and her husband is a nurse. She is very happy with their activities and the training the group receives. Because of them she has been able to get ahead and improve her family's situation.
She is requesting the loan to buy beverages, meats, dairy products, vegetables, and the other supplies she needs to stock space.They are very happy for the help they are receiving from the foundation and from Kiva.
La Señora Pamela es una de las integrantes del comité, ella tiene una despensa en su casa .Ella tiene 1 hijo y su marido es enfermero. Se encuentra muy satisfecha con sus actividades y las capacitaciones que recibe el grupo., y gracias a estas ha podido salir adelante y mejorar las condiciones de su familia.
Ella solicita el crédito para la compra de bebidas, carne, lácteos, hortalizas y demás insumos necesarios para poder surtir su local. Ellas están muy contentas por la ayuda que están recibiendo en la fundación y por parte de kiva.
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