Cristo Rey Group
Carolina is group president and she relates that through her business, which is the sale of all types of beverages, she’s been able to get ahead and help her family with daily expenses that arise. She is a very hardworking woman with a great spirit of self-improvement and enthusiasm.
She is asking for the loan to buy beverages in general like soft-drinks, beer, wine, energy drinks and other types of beverages which are the ones that sell the most.
Carolina es la presidenta del grupo y cuenta que por medio de su negocio, que es la venta de bebidas de todo tipo, ha podido salir adelante y ayudar a su familia con los gastos que día a día surgen. Ella es una persona muy trabajadora y con un gran espíritu de superación y entusiasmo.
Ella solicita el crédito para la compra de bebidas en general, como ser gaseosas, cervezas, vinos, energizantes y demás tipos de bebidas, que siempre son las que más salida tienen.
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