One of the members is Sra. Sixta who sells all kinds of clothing such as shirts, T-shirts, pants and other items. She tells us that she always has a large variety of merchandise and for that reason people always buy from her. Thanks to her good service and the variety she offers she has a well established clientele. Consequently she has, in a manner of speaking, a steady income.
She is requesting a loan from Fundación Praguaya in order to buy summer clothing since the season is approaching and she wants to get her merchandise in and have a good supply on hand. The other members of the communal bank, along with Sixta, are very grateful for the help they are receiving.
Una D. las miembros es la señora Sixta, ella se dedica a la venta D. prendas D. todo tipo, como ser camisas, remeras, pantalones y otros tipos D. ropas. Nos cuenta que siempre tiene mucha variedad por lo que siempre las personas compran D. ella. Gracias a su buena atención y a la variedad que tiene ya pudo formarse una clientela bien definida, por lo que tiene, por decirlo D. una forma, un ingreso fijo.
Ella solicita la ayuda D. fundación paraguaya para la compra prendas D. verano, ya que esa estación está próxima y quiere abastecerse parta tener un buen stock D. ellas. Sus compañeras al igual que Sixta están muy agradecidas por la ayuda que reciben.
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