Leonidas is part of this group and she tells us that she sells all types of clothing. She works every day from dawn to dusk because she always wants to be able to help her family through this work. She wants to feel useful and this is the reason she is a member of the women entrepreneurs program.
She is requesting this loan to purchase clothing, with which she will stock her business. In this way, she will be able to offer a wider variety of clothing to her customers and also attract new customers.
Leonidas forma parte de este grupo, y ella nos cuenta que se dedica a la venta de prendas de todo tipo. Trabaja todos los días de sol a sol, ya que desea poder ayudar siempre a su familia por medio de su trabajo. Ella desea sentirse útil, y es por ello que formo parte del programa de mujeres emprendedoras.
Solicito el préstamo para la compra de ropas, con lo cual podrá surtir su negocio y de esa forma ofrecer una mayor variedad a sus clientes, y también atraer a nuevos.
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