Py Renda Group
Romelia is a very hardworking and determined woman. She says that by selling clothes she has been able to get ahead in life and therefore help her family. She says that her dream is to have a big premises where she can supply her customers. She is requesting the loan to buy t-shirts, shirts, pants and other kinds of clothes so that she can stock up and offer her customers more choice.
Romelia es una mujer muy trabajadora y luchadora y comenta que por medio de la venta de prendas que hace, ha podido salir adelante y de esa forma poder ayudar a su familia. Ella comenta que su sueño es poder tener un gran local donde poder abastecer a sus clientes.
Ella solicita el crédito para la compra de remeras, camisas, pantalones y demás tipo de prendas, con las cuales podrá abastecerse y tener más variedad que ofrecer a sus clientes.
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