Yolanda is the group's president. Her business is selling brand jeans and also footwear. She says that she has a very good customer base because her products are very highly valued for their good quality. Thanks to her hard work and commitment, she has managed to do well and help her family.
Yolanda is requesting the help of Fundación Paraguaya and Kiva to buy jeans. This will mean she will have more products in stock to offer her customers. The group is grateful for the opportunity that they are receiving.
Yolanda es la presidenta del grupo, ella se dedica a la venta de jeans de marcas y tambien de calzados,y comenta que tiene muy buena clientela ya que sus productos son muy apreciados por la buena calidad que tienen. Gracias a su esfuerzo y dedicación ha logrado salir adelante y ayudar a su familia.
Ella solicita la ayuda de la fundacion paraguaya y de kiva para la compra de jeans, con lo cual podrá tener más productos en stock para poder ofrecer a sus clientes. El grupo está agradecido por la oportunidad que está recibiendo.
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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