Dolly sells perfumes and says that she's been doing this for a while now and so has ample experience. More than that, she says that she already has a lot of customers, some regulars, who frequently make orders for various fragrances of their liking. One of the projects she most looks forward to is having a location where she can sell her perfumes and attract more customers and, consequently, higher revenues. She is requesting this loan to buy perfumes and fragrances, for both men and women, so that she can fill the orders she has received. She is very grateful to the Fundación [La Fundación Paraguay; Kiva field partner] for the opportunity this gives her, as this loan will be a great help to her microbusiness.
La señora Dolly se dedica a la venta de perfumes, comenta que hace un buen tiempo que se dedica a esto, por lo que ya tiene una amplia experiencia, además de eso comenta que ya tiene una cantidad de clientes y clientas bien definidas, pues ellos siempre le hacen pedidos de las fragancias que desean. Uno de sus mas anhelados proyectos es tener un local donde pueda vender los perfumes que trae y de esa forma atraer a más clientes y consecuentemente tener mayores ingresos.
Ella solicita el crédito para la compra de perfumes, fragancias, tanto para hombres, como para mujeres, para que de esa forma pueda cumplir con los pedidos que tiene. Está muy agradecida con la Fundación por la oportunidad que esta le da, pues de obtener el crédito ñe será de mucha ayuda en su micro empresa.
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