Saldivar Poty Group
Nancy is one of the members. She has a modest and well-equipped beauty salon. She tell us that thanks to this business she has been able to get ahead and help her family. She is known as a very hard-working, enterprising, and self-sacrificing woman. One of her goals is to be able to continue growing. This way she will continue helping her family.
She is requesting the loan to buy hair coloring, gel, shampoo, rinses, hair spray, and the other supplies she needs to stock her business. She is grateful to the Fundación and Kiva for the opportunity they are giving her.
Una de las miembros es la señora es la señora Nancy, quien tiene una modesta peluquería bien equipada. Ella nos comenta que gracias a este negocio ella ha podido salir adelante y ayudar a su familia. Ella se define como una mujer muy trabajadora, emprendedora y muy sacrificada. Una de sus metas es poder seguir creciendo y de esa forma seguir ayudando a su familia.
Ella solicita el crédito para la compra de tintes, gel, shampoo, enjuagues, spray y demás insumos necesarios para abastecer su negocio. Agradece a ala fundación y a kiva por la oportunidad que estas le dan.
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