Acosta Ñu Group
Fátima is one of these women. She comments that thanks to her work and help from the group she’s been able to get ahead and help her family. She relates that she sells all types of clothes like t-shirts, shirts, pants and other types of clothes. She says that her dream is to be able to continue to grow and continue to help her family this way.
Fátima asks for the Fundación’s and for Kiva’s help to be able to buy summer clothes to be prepared for her customers’ orders. She is grateful for the opportunity she’s being given.
Fatima es una de esas mujeres. Ella comenta que gracias a su trabajo y a la ayuda del grupo ella ha podido salir adelante y ayudar a su familia. Ella cuenta que se dedica a la venta de todo tipo de ropas, como ser remeras, camisas, pantalones y demás tipos de prendas. Dice que su sueño es poder seguir creciendo y de esa forma continuar ayudando a su familia.
Fatima pide la ayuda de la fundación y de kiva para poder comprar prendas de verano, y de esa forma estar preparada para recibir los pedidos de sus clientes. Agradece por esta oportunidad que se le esta dando.
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