San Rafael Group
One of the members is Ada who sells perfumes on order.
She has catalogues to offer her products from different brands to her customers.
She is a very hard working woman who goes out every afternoon from her home to offer her perfumes and collect her orders.
She is asking for the loan to buy the perfumes for the orders she has received.
Una de la integrantes es la señora Ada quien se dedica a la venta de perfumes sobre pedido.
Ella cuenta con catalógos para ofrecer sus productos de diferentes marcas a sus clientes.
Ella es una señora muy trabajadora que sale todas las tardes de su casa para ofrecer sus perfumes y asi reunir los pedidos.
Ella solicita el prestamo para la compra de perfumes de los que ya recibio pedidos.
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