San Juan Group
Ilse is a very entrepreneurial and hard-working person. She says she works selling homemade cleaning products. She shares that it going very well for her, and that her products have a lot of success and are preferred over store bought products. Her dream is to have a store where she can offer convenience and greater variety to her customers.
She is asking for a loan to buy bleach, fragrances, oils, and other supplies to prepare the products she sells. She is happy for the help provided to her by the Fundación Paraguaya and Kiva.
Ilse es una persona muy emprendedora y trabajadora, dice que se dedica a la venta de productos de limpieza hechos en la casa. Comenta que le va muy bien, pues sus productos tiene mucho éxito, ya que las personas prefieren sus productos a los que se compran en las tiendas. Su sueño es poder tener una tienda donde pueda ofrecer comodidad y más variedad a sus clientes.
Ella solicita el crédito para poder comprar lavandina, cloro, fragancias, esencias y demás insumos para preparar los productos que vende. Está contenta por la ayuda que les da fundación paraguaya y también kiva.
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