Pyapy Mbarete Group
Blanca is a very hardworking woman. She joined in the hopes that, by working in the group and with the help of her companions,that she could get ahead and help her family.
She comments that she makes her living selling clothing, which is going very well for her since she always has a good variety of clothing which attracts customers.
Blanca es una mujer muy trabajadora, se unió con la esperanza de que por medio del trabajo en conjunto y con la ayuda de sus compañeras pueda salir adelante y ayudar a su familia. Ella comenta que se dedica a la venta de prendas en general, en lo cual le va muy bien, ya que siempre tiene buena variedad de prenda y eso atrae a los clientes.
Ella desea seguir abasteciéndose y de esa forma seguir ayudando a su familia, por lo que solicita el crédito, para la compra de prendas de verano, para que de esa forma siga ayudando a su familia y cumplir con la demanda de 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