La Esperanza Group
One of the members is Nancy. She sells all kinds of jewelry. She says that she has a lot of customers, as many men as women, which brings her a good income. She says that through this work, she has been able to get ahead and help her family. One of her dreams is to have a well stocked jewelry store where she can have all kinds of jewelry, which would allow her to attract more customers.
She is requesting the loan to purchase rings, bracelets, chains, earrings, and other kinds of jewelry that she will use to offer a greater selection of jewelry. Thanks to the opportunity provided to her by Kiva and the foundation, she finds herself a step closer to realizing her dreams.
Una D. ellas es la señora Nancy, ella se dedica a la venta D. joyas D. todo tipo. Comenta que tiene muchos clientes, tanto hombres como mujeres, lo cual le trae buenos ingresos. Ella comenta que por medio D. este trabajo ha podido salir adelante y ayudar a su familia, unos D. sus sueños es poder tener una joyería bien abastecida donD. pueda tener todo tipo D. joyas, lo cual le permitirá atraer a más clientes.
Ella solicita el crédito para la compra D. cadenas, anillos, pulseras, aros y otro tipo D. joyas, con lo cual podrá tener más variedad D. joyas. Gracias a la oportunidad que le da kiva y la fundación, ella se encuentra a un paso más D. cumplir sus sueños.
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