Mujeres Trabajadoras Group
Nelly is a saleswoman. She tells us that she is skilled at making sales and so her business is doing very well. She sells all kinds of ladies', men's and children's clothing. She tells us that, thanks to her work, she has been able to help her family cover their daily expenses.
Nelly is requesting a loan to buy ladies', men's and children's clothing with which to stock her business so that she has a larger stock of items to offer her customers.
Nelly es vendedora y nos cuenta que tiene habilidad en las ventas, y es por eso que le va muy bien. Se dedica a la venta de todo tipo de prendas para damas, caballeros y niños. Ella nos cuenta que gracias a su trabajo ha podido ayudar a su familia con los gastos del día a día.
Ella solicita el crédito para la compra de prendas para damas, caballeros y niños, con lo cual podrá abastecerse y tener un mayor stock para 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