San Juan Group
The committee is called “San Juan,“ and they are in their fifth loan cycle with 16 members. It is a group that stands out in the neighborhood for its members' unity, solidarity and responsibility toward each other.
One of them, María Graciela I., re-sells clothing. For this work, she goes out very early and meets with large-scale sellers, so that she can obtain price advantages and earn higher profits. Once she has the merchandise she needs, she goes to the places where the customers are and offers her products. The loan requested is to purchase various types of clothing, such as shirts, pants, and others.
El comité se Denomina “San Juan“ están en el Quinto Ciclo con 16 integrantes, es un grupo que se destaca en el barrio por ser muy unidas solidarias y responsable entre ellas.
Una de ellas, es la Sra María Graciela I. quien se dedica a la reventa de ropas, para este trabajo ella desde muy tempranas horas se moviliza y recorre para contactar con grandes comerciantes, de modo a conseguir ventajas en los precios y así obtener mayor ganancia. Una vez que ella cuenta con la mercaderias necesarias recorre hasta los lugares donde estan sus clientes y de esa forma ofrece sus mercaderias. El crédito solicitado fue para la compra de prendas de vestir en general como camisa remeras, pantalones y otros.
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