Norma is a member of the group. She says she sells all kinds of drinks, and thanks to this business she helps her family and gives them everything they need for a decent life without hardship. She is very feisty and is not afraid to do any kind of work.
She is requesting a loan to buy beverages in general, such as beer, soft drinks, wine, etc. with what she will continue offering good variety to her customers.
Norma es miembro del grupo, ella cuenta que vende todo tipo de bebidas, y es gracias a este negocio que ella ayuda a su familia y les da todo lo que necesitan para una vida digna y sin privaciones. Ella es muy luchadora y no tiene miedo a hacer ningún tipo de trabajo.
Solicita el crédito para la compra de bebidas en general, como ser cervezas, gaseosas, vinos, etc, con lo cual podrá seguir dando buena variedad a 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