Maria Auxiliadora Group
Benicia has a meat shop where she supplies her neighbours with all varieties of cuts of meat. She describes herself as a woman who wants to get ahead and help her family.
She is requesting a loan for the purchase of meat so that she can continue providing her clients with a good variety and so that she will not run out of products, so that she can continue to sell.
Benicia tiene una carnicería donde surte a las personas de su barrio y les da todo tipo de cortes de carne. Ella se define como una mujer que desea progresar y ayudar a su familia.
Solicita el crédito para la compra de carnes de primera, para que de esa forma siga dando una buena variedad a sus clientes y que no le falte el producto para seguir con sus ventas.
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