Santa Rita Group
Maria Elena, the president of the group, works selling seasonal fruits, and she says that thanks to the good products that she always has, she is making better and better sales. She is a very enthusiastic person and has a great deal of will to succeed and grow her business. She joined this group with the intention of improving the lives of herself and her family.
She is asking for this loan to buy fruits to sell them and make more profits to sustain her family, and also to be able to reinvest in her business.
La Sra Maria Elena, la presidenta del grupo se dedica a la venta de frutas de estación, y comenta que gracias a los buenos productos que siempre tiene está teniendo cada vez mejor venta. Ella es una persona con mucho entusiasmo y ganas de salir adelante e ir creciendo con su negocio. Se unió a este grupo con el propósito de mejorar su vida y la de su familia.
Solicita de este crédito para la compra de frutas para poder venderlas y así tener un mayor ingreso que dar a su familia y también poder invertir en su negocio.
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