Jesus Misericordioso Group
One of the members, Lidia, is married to José, who is a chauffeur; they have 2 children for whom both provide for day by day. Lidia makes a living selling clothes, which allows her to help her family get ahead. Her wish is to be able to have a greater variety of clothing to sell and this way help her husband by generating a little more income.
She is requesting a loan in order to stock her business with a variety of clothes, which she will be able to her customers. She appreciates the help she is receiving from Kiva and Fundación Paraguaya.
Una de las integrantes, Lidia, está casada con José quien es chófer, tienen 2 hijos, por quienes ambos se esfuerzan al máximo día a día. Lidia se dedica a la venta de ropa, con lo cual puede ayudar a su familia a salir adelante. Su deseo es poder tener más variedad de ropas para vender y así poder ayudarle a su marido a poder generar un poco mas de ingresos.
Solicita el crédito para abastcerse con variedad de prendas, con lo cual podrá ofrecer mayor variedad a sus clientes. Agradece por la ayuda que esta recibiendo de kiva y de fundacion paraguaya.
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