Sagrada Familia Group
Gladys, one of the group's members, is married to Francisco and has four children. She is requesting a loan to buy supplies for making food as that is her business and it is doing very well. Gladys' goal is to expand her business and thereby provide her family with a better lifestyle.
All the members of this group are happy for the opportunity that they are receiving. The group has helped them a lot and they would like to reach the top level of the program.
La Sra. Gladys, una de las miembros esta casada con el señor Francisco tiene 4 hijos.Ella solicita el
para la compra de insumos para hacer comestibles,ya que ese es su trabajo y le esta yendo muy bien. Galdys tiene como meta ir agrandando su negocio y brindando así un mejor estilo de vida a su familia.
Todas las miembros del grupo estan contentas por la oportunidad que estan recibiendo, ya que el grupo les ha ayudado mucho y quieren poder llegar al máximo nivel del programa.
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