Sagrada Familia Group
Sra. De Las Nieves is one of the members and the president of the group. She motivates her fellow group members to work and improve. De Las Nieves has a small business where she sells assorted merchandise but she also offers reception supplies, inflatable bouncy houses, and a few accessories for children's parties. She is an enterprising individual who has done all types of work. As a result, she has been able to help her family and provide them with what they need so that they are not deprived.
De Las Nieves is requesting a loan so that she can buy various items to sell such as oil, soap, milk, cookies, and other products. She is grateful for the opportunity she has received.
La Sra. De Las Nieves es una de las integrantes, ella es la presidenta de este grupo, quien motiva a sus compañeras a poder trabajar y mejorar, tiene su pequeño negocio de ventas variadas, como también de recepción, globo loco y algunos accesorios para cumpleaños infantiles. Ella es una persona muy emprendedora, que hace todo tipo de trabajo, eso para poder ayudar a su familia y darles lo que necesitan y no tener que pasar por privaciones.
Pide este crédito para la compra de insumos varios para la venta, como aceite, jabones, leche, galletitas y demás. Esta agradecida por esta oportunidad que esta recibiendo.
More information about this loan
This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.
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