La Esperanza Group
Señora Juliana is one of the members. She sells clothing of all types. She comments that she has good sales, since thanks to the good quality of her clothing, she already has a well-defined clientele who always buy from her. Her goal is to continue working and in this way help her family. She is applying for the loan to purchase clothing, with which she will be able to offer greater variety to her customers and at the same time attract more.
La Sra. Juliana es una de las integrantes, quien se dedica a la venta de prendas de todo tipo. Comenta que tiene buena venta ya que gracias a la buena calidad de sus prendas ya tiene una clientela bien definida, que siempre compra de ella. Su meta es seguir trabajando y de esa forma ayudar a su familia.
Ella solicita el crédito para la compra de prendas, con lo cual podrá ofrecer mayor variedad a sus clientes y también a la vez atraer a más.
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