Antonia is one of the members. She sells cleaning products that she makes herself. She says that it is going very well for her. People really like the products that she makes because they are of good quality and economical. She is described as an enterprising and very hard-working woman. Her family always supports her and inspires her to continue growing and improving.
She is requesting the loan to buy the chemicals that she needs to make the cleaning products that she sells. She will buy things like chlorine, essences, fragrances, bleach, and others. She is grateful to the Fundación and Kiva for the opportunity to progress that they are giving her and her colleagues.
Una de los miembros es la señora Antonia, quien se encarga de la venta de productos de limpieza que ella misma elabora de forma artesanal. Comenta que le va muy bien, ya que a las personas les gusta mucho los productos que ella hace, por que son de buena calidad y económicos. Ella se define como una mujer emprendedora y muy trabajadora. Quienes la inspiran a seguir creciendo y superarse son sus familiares, pues ellos siempre la apoyan.
Ella solicita el crédito para la compra de los químicos que necesita para elaborar los productos de limpieza que vende, como ser, cloro, esencias, fragancias, lavandinas y demás. Agradece a la fundación y kiva por la oportunidad que progreso que les da a ella y a sus compañeras.
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