Liz is the group's president: she is married and lives with her family in the city of Caacupé. Liz sells vegetables, meat, clothes and all sort of products. She sells door-to-door and is applying for a loan in order to be able to buy vegetables, meat, clothes and more and to continue with her sales.
Liz is very grateful for this opportunity to grow and that will allow her to keep on fighting.
La señora Liz es la presidenta del comité, es casada y vive con su familia en la ciudad de Caacupé. La Señora Liz vende verduras, carne, ropa y todo tipo de productos, donde ella sale a la venta casa por casa y el préstamo lo solicita para poder comprar verduras, carne, ropa y demás, y de esa forma poder seguir con sus ventas.
Ella está muy agradecida por la oportunidad de crecimiento que tiene, y que le permite seguir creciendo y luchando.
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