La Amistad Group
One of the members of the committe, Mrs. Cecilia, is married and has two children. Her husband is a bricklayer and through both of their jobs they support the household. Cecilia has a store where she sells all kinds of products such as clothing, bazaar items, shoes, etc. Her goal is to keep expanding and continue to get ahead for her children.
She is requesting a loan to buy clothing, shoes and other products for her store.
La Señora Cecilia es una de las integrantes del comité, está casada y tiene dos hijos. Su marido se dedica a la albañilería y por medio del trabajo de los dos ayudan a mantener la casa. Cecilia tiene una mercería donde vende todo tipo de productos, como ser ropas, artículos de bazar, calzados y demás. Su meta es seguir creciendo y de esa forma seguir luchando por sus hijos.
Solicita el crédito para la compra de prendas, calzados y demás productos para surtir su mercería.
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