Mujeres Unidas Group
One of the members is María, who by selling cosmetics succeeds by having the financial means necessary in order to be able to help her family. She comments to us that she has good sales because of the variety she always has, in addition to the good price and the friendliness with which she assists her customers. She wants to be able to continue growing her business, and this is why she is asking for a loan.
She wants to buy all types of makeup, with which she could have more variety and therefore attract more clients. She thanks the foundation for the opportunity that this gives her.
Una de las integrantes es la señora María, quien por medio de la venta de cosméticos logra tener los medios necesarios para poder ayudar a su familia. Nos comenta que tiene buena venta debido a la variedad que siempre tiene, sumado a eso el buen precio y la amabilidad con que ella atiende a sus clientes. Desea poder seguir creciendo en su negocio, es por ello que solicita el crédito.
Desea comprar maquillajes de todo tipo, con lo cual podrá tener más variedad y de esa forma atraer a más clientas. Agradece a la fundación por la oportunidad que esta le da.
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