Mujeres Emprendedoras Group
One of the women is Liz who, through her clothing sales business, has been able to proviD. for her family and cover their daily expenses so that she can give them a better standard of living and avoid them having to suffer the same hardships she had to. She describes herself as a very hard-working, tenacious and self-sacrificing person.
Liz is requesting this loan to buy summer clothing as this season is approaching and she would like to be prepared to meet her customers' demands.
Una D. ellas es la señora Liz, quien por medio D. la venta D. prendas ha podido sacar adelante a su familia y cubrir los gastos diarios, para que D. esa forma pueda darles un mejor estilo D. vida y evitar que ellos pasen por las mismas privaciones por las que ella ha pasado. Ella se define como una persona muy trabajadora, luchadora y muy sacrificada.
Ella solicita el crédito para la compra D. prendas D. verano, pues se acerca esa estación y quiere estar preparada para la demanda D. 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