Kuña Renda 1 Group
She is turning to the Foundation and to Kiva to request this loan since she has orders and would like to be able to fill them for her customers. She would like to purchase T-shirts, pants, dress shirts, and other items.
Ilda es vendedora de ropas desde hace un buen tiempo, con lo que ha logrado formarse una buena clientela. Ella comenta que siempre tiene muchos pedidos de sus clientes, pues tiene prendas de buena calidad, y no muy caras. Este trabajo la ha ayudado a poder realizarse como comerciante y también ayudar a su familia a salir adelante.
Ella acude a la fundación y a kiva para solicitar un crédito, ya que tiene pedidos y quiere poder cumplir cumplir con sus clientes. Quiere comprar remeras, pantalones, camisas y demás.
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