Mujeres Guapisimas Group
Alexandra is one of the members of this group. She says that her business is selling a variety of jewelry. This business has enabled her to help her family to continue growing. She says that many of her neighbors are customers who buy from her and they help her to continue expanding her customer base. Her goal is to some day own a jewelry store where she can sell her products.
Alexandra is requesting this loan to buy silver jewelry to stock her business. This will enable her to meet her customer demand. She is grateful to Fundación Paraguaya and Kiva for the opportunity she is receiving.
Alexandra es una de las integrantes del grupo, ella comenta que se dedica a la venta de variadas joyas, con lo cual ha podido ayudar a su familia a seguir creciendo. Ella comenta que muchos de sus vecinos son clientes suyos que compran de ella, y que estos la ayudan a poder seguir extendiendo su clientela. Su meta es poder tener algún día una joyería donde vender sus productos.
Ella solicita el crédito para la compra de joyas en plata, con lo cual podrá abastecerse y de esa forma cumplir con la demanda de sus clientes. Agradece a la fundación ya kiva por la oportunidad que recibe.
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