San Roque Group
Mercedes is a hardworking and entrepreneurial woman who sells clothing. She tells us that she started very small with only a few sales but then it began growing and now she has a good customer base. Her goal is to continue working in the same way that she has been doing to be able to continue expanding.
She requests a loan to supply her business with summer clothing such as Bermuda shorts, shirts, dresses, skirts, and other clothing.
Mercedes en una mujer muy emprendedora y trabajadora, ella se dedica a la venta de ropas, y nos comenta que al principio empezó desde muy abajo, es decir, solo hacia ventas pequeñas, pero después fue creciendo y ahora ya tiene una clientela bien definida. Su meta es seguir trabajando de la misma forma en lo ha estado haciendo para poder seguir creciendo.
Ella solicita el crédito para la compra de prendas de verano, como ser bermudas, camisillas, vestidos, soleritas y demás prendas, con las cuales podrá 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