Las Pedrozeñas Group
Cynthia sells all types of jewelry including chains, rings, bracelets, hoops, and other items. She has a good number of customers as she offers good prices and convenient payment options. She says that she began with very little, but after much hard work, she grew the business and got ahead. Her goal is to continue working and helping her family. She is requesting the loan to purchase jewelry so that she will always have a wide variety of goods to offer her customers
Cynthia se dedica a la venta de joyas, y comenta que vende todo tipo de ellas, como ser cadenas, anillos, pulseras, aros y demás. Tiene una buena cantidad de clientes, ya que tiene buen precio y forma accesible para pagar. Comenta que empezó de a poco, pero que después de mucho esfuerzo ha logrado ir creciendo y salir adelante. Su meta es seguir trabajando y ayudando a su familia, y es por ello que solicita el crédito, para la compra de joyas, con lo cual puede tener siempre buena variedad 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