One of the members is Edith. She sells food at a school in the city. Thanks to the income she has, she can help her family economically. She is a fighter who is working hard to move ahead and keep growing.
She is asking for this loan in order to buy a variety of supplies to continue making food, such as: meat, greens, condiments, vegetables, and others, and in this way continue with her sales, as she has been doing.
Una de las integrantes es la Sra. Edith, ella se dedica a la venta de comestibles en una escuela de la ciudad, gracias a los ingresos que ella tiene puede ayudar a su familia económicamente, ella es una persona muy luchadora que se está esforzando por Salir adelante e ir creciendo.
Pide este préstamo para la compra de insumos varios para seguir haciendo comestibles, como ser: carne, verduras, condimentos, hortalizas y demás, y así seguir con sus ventas, como lo viene haciendo.
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