Santo Domingo Group
Mrs. Mirta is one of the group members and she has been selling clothing for several years. Through her work she has grown as a micro-businesswoman and has helped her family. Her dream is to have her own shop where she can display the garments she sells.
The loan she is requesting from the foundation and Kiva is to buy t-shirts, shirts, jeans and other clothing items.
La Sra. Mirta es una de las miembros del grupo y cuenta que se dedica a por medio de las venta de ropas que hace desde hace un tiempo. Este trabajo le ha permitido crecer como microempresaria y a la vez ayudar a su familia. Su anhelo es poder tener un local propio donde ofrecer las prendas que trae para la venta.
Ella pide la ayuda de la fundación y de kiva para la compra de remeras, camisas, jeans, y demás tipos de prendas para poder surtirse.
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