Fidelina is one of the group members. She is the president and tells us that she always tries to work a lot, and to set an example for her friends. Fidelina sells fruits and vegetables. She has a well-stocked stall where she works every day, starting very early in the morning. Thanks to her business, she helps her family and provides for their needs. She is a very hard-working woman who wants to grow.
She is requesting this loan for the purchase of fruits and vegetables for sale. This way, she will continue with her sales and have an income for her family.
La Sra. Fidelina es una de las miembros de este grupo, ella es la presidenta de este grupo y cuenta que siempre trata de trabajar mucho y de esa forma también poder dar el ejemplo a sus amigas. Fidelina se dedica a la venta de frutas y verduras, tiene un puesto bien surtido en el que día a día trabaja desde muy tempranas horas y gracias al cual ayuda a su familia y les da lo que necesitan. Ella es una mujer muy trabajadora que lucha y quiere crecer.
Solicita de este crédito para la compra de frutas y verduras para la venta, y de esa forma seguir con sus ventas y también tener de esa forma los ingresos para 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