San Pablo Apostol Group
One of the members is Yessica. She sells all types of clothing of different brands. She remarks that she has done this for some time and it is going well for her, as she has regular customers. She says she started with something small, but over time and thanks to her ability for sales, she has been able to progress a lot.
She is asking for this loan to be able to stock up with a variety of clothing such as tank tops, shorts, t-shirts, dresses and more. These are the clothes that sell the most at this time of year.
Una de las integrantes es la señora Yessica, quien vende todo tipo de prendas de variadas marcas. Comenta que se dedica a esto hace un tiempo y que le va muy bien, pues ya tiene una clientela formada. Comenta que empezó con algo pequeño, pero con el correr del tiempo y gracias a su habilidad para las ventas actualmente ha logrado progresar mucho.
Ella solicita el crédito para poder surtir su variedad de prendas con camisillas, shorts, remeras, vestidos y demás tipo de ropas, pues estas son las que más salida tienen en esta temporada del año.
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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