Santa Maria. Group
María Rosa, one of the members of the group, has a small grocery store that she wants to stock with a greater variety of products that she can offer her customers. She also wants to be able to enlarge her store. All of this is to satisfy the basic needs of her customers and generate more income for her household.
She is asking for the loan in order to be able to stock her store with milk products, vegetables, etc.
María Rosa, una de las integrantes del grupo, tiene una despensa, la cual desea surtir con mayor variedad de productos que poder ofrecer a su clientela y también anhela poder agrandar su despensa, todo esto para satisfacer las necesidades básicas de sus clientes y generar mayor ingreso a su canasta familiar.
Solicita el crédito para poder surtir su despensa con lácteos, verduras, 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