Dolores is a saleswoman who has been selling sheets, bedspreads, pillowcases, comforters, etc. for some years. All her neighbors know her and, thanks to this fact, she has been able to form a good customer base. This work has helped her to get ahead since she makes a little extra income and is able to cover all her household expenses.
Dolores is requesting a loan to buy sheets, comforters, bedspreads, etc. so that she can increase the variety of merchandise she sells.
La Sra. Dolores es comerciante, se dedica a la venta de sabanas, frazadas, fundas, edredones y demás, desde hace ya unos años. Todos los vecinos del barrio ya la conocen y gracias a eso ha podido hacerse de una gran clientela. Este trabajo la ha ayudado a salir adelante, ya que genera un poco mas de ingresos y esta pudiendo solventar todos los gastos de la casa.
Ella solicita el credito para la compra de sabanas, edredones, colchas y demás, para poder aumentar la variedad de sus mercaderías.
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