Las Poderosas Group
Señora Franciscsa is the president of the group. She is dedicated to the sale of clothes in general for ladies, children and gentlemen. She married Señor Anastacio 22 years ago. He is a tailor. They have five sons who are students, four of legal age and one younger in grade school. She tells us that their dream is to be able to have a large business where they can offer the garments that she sells. She requests the loan to purchase garments for ladies, gentlemen and children, with which she will be able to be supplied and to have more variety to offer her clients.
La sra. Franciscsa, es la presidenta del grupo, ella se dedica a la venta de ropas en general para damas, niños, caballeros. Esta Casada hace 22 años con el señor Anastacio quien se dedica a la sastreria, tienen cinco hijo estudiantes cuatro mayores de edad y uno menor en la primaria. Ella comenta que su sueño es poder tener un negocio grande donde ofrecer las prendas que vende.
Ella solicita el crédito para la compra de prendas para damas, caballeros y niños, con los cuales podrá abastecerse y tener más variedad que ofrecer a 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