Las Roseñas Group
Victorina is the president of the group. She is a merchant and sells general products. Her desire is to continue progressing with Fundación Paraguaya and for the group to strengthen more every day. She says she feels very comfortable in her communal bank and hopes for many more benefits, which the foundation is offering her continually.
She is requesting the loan for the purchase of sugar, flour, noodles, bread, and other basic necessities, which is what she most sells.
She is grateful to Fundación Paraguaya for the help she is receiving.
La sra Victorina es Presidenta del grupo, es comerciante, tiene venta de productos en general, su deseo es seguir progresando con la Fundación Paraguaya y que el grupo se vaya fortaleciendo cada día más, manifiesta que se siente muy a gusto en su comité y espera muchos beneficio más que la Fundación le están ofreciendo continuamente.
Ella solicita el crédito para la compra de azúcar, harina, fideos, pan y demás insumos de primera necesidad, que es lo que más se vende. Agradece a la fundación paraguaya por la ayuda que está recibiendo.
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