Chore Poty Group
Juana is part of this group and she reports that she sells all types of candy. She's a very hardworking person who strives for her family's sake. She also helps her fellow members in any way she can, since she knows that they would do the same for her if she needed it.
Juana requests this loan in order to purchase candy for selling. That way she'll be able to keep on working and getting the necessary means to continue supporting her family.
Juana es parte de este grupo y cuenta que se dedica a la venta de todo tipo de dulces, es una persona muy trabajadora y que lucha por su familia. También ayuda en lo que puede a sus compañeras, ya que sabe que ellas harían lo mismo si ella necesitase.
Juana solicita de este crédito para la compra de dulces para la venta, y así podrá seguir trabajando y teniendo los medios que necesita para poder seguir ayudando a su familia.
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