Santa Marta Group
This is an excellent group who, through their joint work, are continuing to work within the program.
Maria sells cosmetics. She has a good number of customers who are always placing orders with her. She is very happy with her work as she loves selling beauty products. Her work makes her good income with which she is able to cover her expenses.
Maria is requesting this loan to buy more cosmetics which will enable her to attract more customers.
Es un excelente grupo, el cual gracias al trabajo solidario realizado continúan trabajando con el programa hasta estos días.
La Sra. Maria se dedica a la venta de cosméticos, ella posee ya una buena cantidad de clientas que siempre le hacen pedidos. Ella esta muy feliz con su trabajo, ya que le encanta vender productos de belleza. Su trabajo le genera buenos ingresos, con lo cual puede cubrir sus gastos.
Ella solicita el crédito para la compra de mas cosméticos, con lo cual podrá atraer a mas clientas.
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