General Diaz Group
Patricia works selling food, linens, and drinks. She explains that through the help of her group, Fundación Paraguaya was able to really improve her business, her standard of living, and her economic income. She is a person with a strong desire to make a living and, through this work, give her family a decent living without deprivation.
She is requesting the loan to purchase drinks with which she will be able to continue giving her customers the variety they are used to; this will also help her to have a better income.
La Sra. Patricia quien se dedica a la venta de comidas, sabanas y bebidas nos comenta que mediante el la ayuda de su grupo y la fundación paraguaya pudo mejorar bastante su actividad y su nivel de vida e ingreso económico. Ella es una persona con muchas ganas de salir adelante y por medio de ese trabajo dar a su familia una vida digna y sin privaciones.
Ella solicita el crédito para la compra de bebidas en general, con lo cual podrá seguir dando a su clientela la variedad a las que están acostumbrados, además esto le ayudará a tener mejores ingresos.
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