Mingueras Solidarias Group
One of the members of this group is Viviana who sells car parts. She describes herself as an innovative, creative and very tenacious woman. Thanks to her effort and work, she has managed to make progress in her business. She says that she has good customers and this makes her good income.
Viviana is requesting this loan to buy car parts in order to increase her stock and thereby have a greater variety to offer her customers.
Una de las miembros de este grupo es la señora Viviana, ella se dedica a la venta de repuestos de autos, ella se define como una mujer innovadora, creativa y muy luchadora. Gracias a su esfuerzo y trabajo ella ha logrado salir adelante con su negocio. Comenta que tiene buena clientela, lo cual le genera buenos ingresos.
Ella solicita el crédito para la compra de repuestos para autos, con lo que podrá aumentar su stock y así podrá tener más variedad que ofrecer a sus clientes.
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