One of the members is Fidelina, president of the group, who by selling food has the means to provide for her family. This is her main source of income. She gets up at an early hour every morning in order to prepare the food. She already has good customers and she wants to continue growing.
She is asking for this loan in order to be able to invest in the purchase of meat, vegetables, seasonings, eggs, flour and more, as these are the principal ingredients that she needs the most. She is grateful for this opportunity that she and her companions will not miss out on.
Una de las integrantes es la Sra. Fidelina, presidenta del grupo, quien por medio de la venta de comidas tiene los medios para ayudar a su familia. Este es su principal fuente de ingresos, se levanta todos los días a preparar sus comidas desde muy tempranas horas. Cuenta además que ya tiene muy buena clientela y que quiere seguir creciendo.
Solicita de este crédito para poder invertirlo en la compra de carne, verduras, condimentos, huevo, harina y demás, que son sus principales ingredientes y los que necesita más. Agradece por esta oportunidad que no desaprovecharan ella y sus compañeras.
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