Mujeres Emprendedoras Group
Nelia is group President. She’s married and has three children. She’s a very enterprising, innovative woman. She comments that she sells clothes that she can support her children with and cover daily household expenses that arise. Her dream is to have a well-stocked store where she can offer more comfort to her customers.
She asks for the loan to by assorted clothes to stock up and fill pending orders she has.
La Sra. Nelia, presidenta del grupo, está casada, tiene 3 hijos, es una mujer muy emprendedora e innovadora. Comenta que se dedica a la venta de ropas, con lo cual puede mantener a su familia y cubrir los gastos que diariamente surgen en el hogar. Su sueño es poder tener un local bien surtido donde ofrecer mayor comodidad a sus clientes.
Ella solicita el crédito para la compra de prendas variadas, con lo cual podrá surtirse y cumplir con unos pedidos que tiene.
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