Nueva Esperanza Group
Virginia sells fish. She says that it's going very well, since fish is in high demand in the area of the city where she works. She comments that through her sales she helps her family to cover their necessities. She is hardworking, beginning her day very early and making that sacrifice for her work.
She asks for a loan to invest in the purchase of more fish for sale, since she wants to stock up and have a good variety to offer to her customers.
Virginia, una de ellas, se dedica a la venta de pescado, ella cuenta que esta yéndole muy bien en su trabajo, ya que el pescado es muy pedido en la zona de la ciudad donde ella trabaja. Comenta también que por medio de sus ventas ayuda a su familia y les da para cubrir sus necesidades. Ella es una persona muy trabajadora, que desde tempranas horas empieza su día y de esa manera se sacrifica.
Solicita de este crédito para poder invertirlo en la compra de más pescados para la venta, ya que quiere surtirse y tener una buena variedad que poder 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