Mrs. Nelly works selling clothing. It is an area where she has worked for about 10 years. She has discovered that if she offers very good quality products, her customers return and they become faithful clients. In this way she has earned a very good reputation. She desires to stock more products and is asking for a loan to buy clothing, such as pants, T-shirts, tank-tops, skirts, towels, etc.
The women in this group are all very hard-working and share the hope of continuing to improve their quality of life and achieve a better future for their families. The fully trust that they will receive help from Kiva.
La sra. Nelly se dedica a la venta de ropas, es un rubro en el cual está desde hace una década aproximadamente, pues ha descubierto que si se ofrece muy buena calidad de productos, los clientes se vuelven usuarios fieles de estos, por eso se ha mantenido con buena reputación dentro de este ámbito.
Ella desea poder ampliar su stock de productos, por eso es que solicita el crédito, para poder comprar ropas como pantalones, remeras, camisillas, polleras, tohallas, etc.
Las mujeres de este comité son todas muy trabajadoras, que poseen la esperanza de poder ir aumentando su calidad de vida, de poder adquirir un mejor futuro para sus familias, ellas confían plenamente en que podrán recibir la ayuda de Kiva.
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