Mujeres Unidas Group
Señora Amalia is a manicurist and through this profession she has been able get ahead, generating a higher income to support her household. She says that she has a group of established customers that always call her to do work for them. She also says that the weekends are when she has the most work because those are the days when people go to parties and events. She dreams that some day she will have her own shop.
She is requesting a loan to buy polish, cuticle scissors and other supplies that she needs to do her job. She is grateful to Fundación for the opportunity they are giving her.
La Sra. Amalia es manicurista, por medio de su profesión ella ha podido salir adelante, generando mayores ingresos para el sustento de su hogar. Ella comenta que tienen ya un grupo de clientas bien definido que siempre la llaman para hacerles algún trabajo. Dice que los fines de semana es cuando tiene mayor trabajo, debido a que en esos días donde la gente va a fiestas y eventos. Sueña con algún día poder tener su propia peluquería.
Ella solicita el crédito para la compra de esmaltes, corta cutículas u otros insumos que necesite para realizar su trabajo. Desde ya agradece a la Fundación por la oportunidad que le está dando.
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