La Esperanza Group
Martina sells clothes and comments that she has a well-defined clientele because she always brings very good products to sell added to the good prices she has. She relates that through this business she has the means necessary to support her family and cover daily household expenses.
She asks for the loan to buy summer clothes to stock up on and have more variety to offer her customers while at the same time filling their orders.
Martina se dedica a la venta de ropas, y comenta que ya tiene una clientela bien definida, pues ella siempre trae muy buenos productos para vender, y sumado a eso los buenos precios que tiene. Cuenta que por medio de este negocio ella tiene los medios necesarios para poder sustentar a su familia y cubrir el gasto del día a día.
Ella solicita el crédito para la compra de prendas de verano, con lo cual podrá surtirse y de esa forma tener mayor variedad que ofrecer a sus clientes y de paso cumplir con los pedidos de estos.
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