Santa Lucia Group
Lourdes is a very hard-working and creative woman. This can be seen in the beautiful costume jewelry that she makes. She has various kinds of jewelry, and she says that her customers really like the jewelry. This helps her a lot because she has good sales. She says that in the beginning it was a little difficult for her, but now she has a good clientele.
She is requesting the loan to buy pearls, sequins, thread, and other needed supplies to continue making the costume jewelry that she sells.
Lourdes es una mujer muy trabajadora y creativa, y lo demuestra con los hermosos Bijouterie que hace. Tiene variadas clases de ellos y comenta que es muy gustado por sus clientes, lo que le ayuda mucho, pues tiene buena venta. Comenta que al principio le fue un poco difícil, pero que ahora ya tiene buena clientela.
Ella solicita el crédito para la compra de perlas, lentejuelas, hilos, y demás insumos necesarios para seguir haciendo los Bijouteries que vende.
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