6 De Enero Group
One of the members is Mrs. Faustina Bordon. She is 55 years old and she has 3 children. She sells clothing alongside her daughter but she would like to set up a store in a section of their house so that she can be closer to her teenage son. She wants the whole family to work together.
She owns her own house but she is a single mother. She is responsible for all of the household expenses and her son's high school tuition.
She is requesting a loan to purchase merchandise such as shirts, slacks, sweaters, jackets and other items of clothing.
Una de las integrantes de quien se puede hablar es la Sra. Faustina B. con 55 años de edad, tiene 2 hijos ella vende ropas con su hija, pero ahora está por montar su propio local en su casa para estar más cerca de su hijo adolecente y trabajar todo en familia.
Tiene casa propia pero es madre soltera, de esta manera ella sostiene los gastos de la casa y de su hijo que va en la secundaria.
Solicita el préstamo para la compra de mercaderías para la venta de ropas como camisas, pantalones, suéter, camperas 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