San Antonio 2 Group
The president, Gabina, lives with her husband and children. She has worked in all types of commerce, and especially in selling sandals made of leather and imitation leather, which she makes in her own home. Along with her co-workers, she participates regularly in activites, promoting the integration of the group members and trying to advance their payments.
She is requesting this loan to purchase leather and imitation leather, with which she makes the sandals that she sells, since in the way she will be able to continue working and investing in her business.
La presidenta, la señora Gabina vive con su marido e hijos, ella se dedica al comercio de todo tipo en especial a vender zapatillas de cuero y cuerina que fabrican en su propia casa. Ella junto con sus compañeras realiza constantes actividades y de ese modo fomentar la integración entre las compañeras y tratar de adelantar sus cuotas.
Ella solicita el crédito para la compra de cueros y cuerinas, con las cuales hace las zapatillas que vende, ya que de ese modo podrá seguir trabajando e invirtiendo en su negocio.
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