Nueva Esperanza Group
Ester works selling perfumes and she tells us that her sales are good, since she always has a very wide variety that she offer to her customers. She is a very hardworking woman and she says that through her job, she has been able to help her family and keep up with the day to day expenses.
She requests this loan in order to purchase perfumes, for men as well as women, with which she will be able to fulfill the orders that she has. She is happy for the help that she is receiving from Kiva and Fundación Paraguaya.
Ester trabaja en la venta de perfumes y nos comenta que tiene buena venta, ya que siempre tiene muy buena variedad que ofrece a sus clientes. Ella es una mujer muy trabajadora y comenta que por medio de su trabajo ha podido ayudar a su familia y aportar con los gastos del día a día.
Ella solicita el crédito para la compra de perfumes, tanto para hombres como para mujeres, con lo cual podrá cumplir con los pedidos que tiene. Ella está contenta por la ayuda que está recibiendo por parte de kiva y de fundación paraguaya.
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