San Francisco 2 Group
Zulma makes a living selling 'mazamorra', a traditional sweet corn pudding, and fish. She told us that as a result of her hard work, she is able to provide for her family and give them what they need day to day. She said that her dream is to have a large business where she can offer her products and also provide her customers with a comfort place and also have more space where she can have more products. She has requested a loan to buy fish, which will increase her stock and allow her to be able to meet the demands and orders of her customers.
La Sra. Zulma se dedica a la venta de mazamorra y pescados y nos comenta que mediante el arduo trabajo que hace, puede mantener a su familia y darles lo que necesitan para el día a día. Ella cuenta que su sueño es poder tener un negocio bien amplio donde poder ofrecer sus productos y también dar buena comodidad a sus clientes y tener más espacio para poder tener más productos.
Ella solicita el crédito para la compra de pescado, con lo que tendrá más en stock y de esa forma poder cumplir con la demanda y pedidos de sus clientes.
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