Mujeres Luchadoras Group
Petrona is one of the members of the group. She sells clothing. She always has a great variety, and for that reason she has succeeded in forming a good customer base. She began with a few customers, but now she is already a good microbusinesswoman who wants to continue growing. She is applying for the loan to buy clothing, with which she will be able to continue stocking her business and filling the orders of her customers.
Petrona es una de las miembros del grupo, ella se dedica a la venta de ropas, ella siempre tiene mucha variedad, y es por ello que ha logrado formarse una buena clientela. Ella empezó con unos pocos clientes, pero hoy en día ya es una buena microempresaria que desea seguir creciendo.
Ella solicita el crédito para la compra de ropas, con lo cual podrá seguir abasteciendo su negocio y cumpliendo con los pedidos de 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