Juana is one of the members. She is a very hardworking and enterprising woman. She tells us that she works selling clothes to order and also making and selling jewelry. She is a very dynamic person and this is demonstrated by the number of things that she does. Thanks to her work, she has been able to help her family and give them what they need to have a better quality of life.
She has come to the foundation and to Kiva to request a loan which she wants to use to buy clothes as she has orders from her customers and she wants to be able to fulfill these orders.
Juana es una de las miembros, ella es una mujer muy trabajadora y emprendedora, nos comenta que se dedica a la venta de prendas sobre pedidos, como así también a la elaboración y venta de bijouterie. Ella es una persona muy dinámica, y muestra de ella es la cantidad de actividades que hace. Gracias a estos trabajo ha podido ayudar a su familia y darles lo que necesitan para tener un mejor estilo de vida.
Ella se ha acercado a la fundación y a kiva para solicitar un crédito, el cual desea invertir en la compra de prendas, ya que tiene pedidos de sus clientes y le gustaría poder cumplir con ellos.
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