Las Flores Group
Orlinda is one of those women. She is a hard-working, determined, and has showed a great interest for their progress and improvement.
She has a store that supplies the needs of the neighborhood.
Orlinda is requesting this loan to purchase drinks, milk, baked goods, fruits, vegetables so she can be well-supplied and continue working.
Orlinda es una de estas mujeres, ella es una persona muy trabajadora y luchadora, que ha demostrado muchas ganas de salir adelante y de mejorar. Ella tiene una despensa con todo lo que su barrio necesita para surtirles.
Orlinda solicita el crédito para la compra de bebidas, lácteos, panificados, verduras y frutas, con lo cual quiere mantener bien surtido su local y seguir trabajando.
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