Kuña Mbarete Group
Mirian is one of the members. She tells us that her beauty salon is the sustenance of her family. It is well equipped with every type of article. She comments that thanks to the friendliness with which she tends to her customers and thanks to the good quality of her work, she has been able to see her business growing little by little. Her goal is to continue growing and helping her family.
Mirian is applying for a loan to stock her business with dyes, gel, hair spray, shampoo, rinses, and other supplies necessary for her work.
Mirian es una de las miembros, ella cuenta que el sustento de su familia es su peluquería, la cual está bien equipada con todo tipo de artículos. Comenta que gracias a la amabilidad con que atiende a los clientes y gracias a la buena calidad de sus trabajos es que ha podido mir creciendo de a poco. Su meta es seguir creciendo y ayudando a su familia.
Mirian solicita el crédito para abastecer su negocio con tintes, gel, spray para pelo, shampoo, enjuagues y demás insumos necesarios para su trabajo.
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