Oñondivepa 2 Group
One of the members is Sra. Eva. She has been selling clothes for some time. Eva has done very well because of her friendliness, the good service she provides to her customers, and offering good quality clothes. As a result, she has been able to get ahead. Eva wants to continue her micro-enterprise, so she is requesting a loan to buy summer clothing in order to restock her inventory and satisfy her customers.
Una de ellas es la señora Eva, quien desde hace ya un tiempo se dedica a la venta de ropas, en lo cual ella se define que es muy buena, pues gracias a su simpatía y buena atención a los clientes y sumado a su buena calidad de ropas, ha logrado salir adelante. Quiere seguir con su microempresa, por lo que solicita el crédito para la compra de prendas de verano, lo cual le servirá para abastecerse y cumplir con 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