Santa Isabel Group
Lorenza sells underwear, especially of the Kalúa brand, a very popular, high quality brand in Latin America. She is very humble and this business allows her to earn considerable income.
Lorenza hopes to have support from Kiva lenders to buy more underwear keeping in mind that the larger the amount bought, the lower the cost (wholesale commerce) and when she resells them her profits are higher (retail sales).
La sra. Lorenza se dedica a la venta de ropas interiores, en especial de la línea Kalúa, una marca muy popular y de buena calidad en Latinoamerica.
Ella es muy humilde y este negocio le permite obtener ingresos económicos considerables, Lorenza espera poder contar con el apoyo de los inversionistas de Kiva para poder comprar más ropas interiores, teniendo en cuenta que a mayor cantidad de productos menor es el costo al pagarlos (comercio al por mayor), y cuando los revende obtiene mayor cantidad de ganancias (comercio al por menor).
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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