Santa Ines Group
Antonia is one of the members. She is the president of the group and she tells us that she has worked selling clothing for some time. Her objective is to be able to continue working to continue helping her family.
She is requesting the loan to buy all types of garments, such as t-shirts, jackets, pants, and others.
She is grateful to the Fundación and to Kiva for the help she is receiving.
Antonia es una de las integrantes, es la presidenta del grupo y nos comenta que se dedica a la venta de ropas desde hace ya un tiempo. Su meta es poder seguir trabajando y de esa forma poder seguir ayudando a su familia.
Ella solicita el crédito para la compra de prendas de todo tipo, como ser remeras, camperas, pantalones y demás. Agradece a la fundación y a kiva por la ayuda que esta recibiendo.
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