Sagrada Familia Group
Marta, who is part of this group, says she feels very comfortable with her bank because they all help each other with whatever each one needs. All of them are very close and they get ahead. Marta makes a living in sales because she has a nice general store.
She's requesting this loan to buy products to be able to supply it, so she can continue working. She wants to buy beverages, milk, bread, vegetables, and fruit, to have a good supply to offer her customers.
Marta, quien es parte de este grupo, cuenta que se siente muy a gusto con su comité, ya que todas se ayudan en lo que cada una necesite. Todas son muy unidas y siguen adelante. Marta se dedica a las ventas, ya que tiene una linda despensa. Y solicita de este crédito para la compra de productos para poder surtirlo, y así seguir trabajando.
Quiere comprar bebidas, leche, pan, verduras y frutas, ya que con esto podrá tener un stock que ofrecer a sus clientes.
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