Tajy Poty Group
Sonia has a small food store. She is married to Antonio and they have 3 young children who live with them. She tells us that thanks to her work and effort she has been able to give her family everything they need to succeed in day-to-day life, and have a better lifestyle.
Sonia is applying for a loan credit for the purchase of baked goods, beverages, candy, tea, etc. She aims to expand her business to provide a better future for her family.
La sra.Sonia tiene una despensa, esta casada con el señor Antonio, tienen 3 hijos, menores de edad que vive con ella. Ella nos dice que gracias a su trabajo y esfuerzo ha podido dar a su familia todo lo que necesitan para que día a dñia puedan salir adelnate y tener un mejor estilo de vida.
Sonia solicita el crédito para la compra de panificados, bebidas, golosinas, yerba, etc. Ella tiene como meta ir agrandando su negocio y brindando asi un mejor futuro a su familia.
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