Divino Niño Jesus Group
Sara sells fast-food every day. She takes it to all the local stores. She’s married to Julio and has two daughters she and her husband strive for tirelessly. She’s requesting the loan to buy the materials like meat, vegetables, condiments and others she needs for work. Her goal is to open a small snack bar at home.
La Sra. Sara se dedica a la venta de comidas rápidas todos los días, lleva a todos los almacenes de la zona, esta casada con el señor Julio y tiene 2 hijas por quienes ambos luchan incansablemente. Ella solicita el crédito para la compra de todos los materiales para su trabajo, como ser carne, verduras, condimentos, y demás.Tiene como meta abrir un pequeño copetín en su casa.
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