San Antonio Group
Laura has two children and has set up her own small grocery store, where she sells basic household products and also necessary items for cleaning and personal hygiene.
For this undertaking, Laura has the help of her two children, so she hopes the business grows and becomes increasingly competitive in terms of price and quality.
She is requesting the loan to buy merchandise such as dairy products, baked goods, drinks, fruits, vegetables, etc.
La señora Laura tiene 2 hijos y montó su propia despensa pequeña donde ofrece productos de la canasta familiar y también lo necesario para la limpieza e higiene personal. La señora Laura cuenta con la ayuda de sus hijos para el emprendimiento por ello espera que el negocio crezca y se vuelva cada vez mas competitivo en los precios y en la calidad.
Solicita el crédito para la compra de mercaderías como lácteos, panificados, bebidas, frutas, hortalizas, etc.
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