Sra. Lizza P. has two children and sells clothing that is brought in from Clorinda. She also decorates shoes and sells them from her home. Lizza lives in Puerto Botánico in the city of Asunción. She is a woman who has maD. many sacrifices and needs this loan so that she can make larger purchases of clothing for later resale. By purchasing in bulk quantities, she is able to continue acquiring merchandise at reduced prices so that she can increase her profit margin.
La Sra. Lizza P. tiene 2 hijos y se dedica a vender ropa que trae D. Clorinda, hace bordado D. zapatilla y luego lo venD. en su casa. Vive en Puerto Botánico, ciudad D. Asunción, ella es una mujer muy sacrificada y necesita del crédito para poder realizar mayores compras para su posterior venta, pues al comprar en mayores cantidades consigue precios más reducidos y así aumentar su margen D. ganancias.
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