Acosta Ñu Group
Trifina, the president, tells us she has a well-stocked grocery from which she supplies her neighborhood with all kinds of basic needs items. She describes herself as a person who wants to get ahead, so she makes an effort and is succeeding.
Trifina is seeking this loan to invest in basic necessity items like milk, eggs, vegetables, noodles, rice, baked goods, etc., because then her grocery store will be stocked up and she can work to the max as she always has.
Trifina, la presidenta, cuenta que tiene una despensa bien surtida, con todo tipo de productos de primera necesidad, con lo cual abastece a su barrio. Se define a ella misma como una persona que desea salir adelante, y que por ello se esfuerza, y que lo esta consiguiendo.
Solicita de este préstamo para poder invertirlo en productos de primera necesidad, como ser leche, huevo, verduras, fideos, arroz, azúcar, panificados y demás, ya que con esto tendrá surtido su negocio y podrá trabajar al máximo como lo viene haciendo.
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