San Roque Group
Nélida is a laundress. She comments that she’s always very busy with much work to do. She is a very self-sacrificing person who strives much every day. She comments that she washes clothes for many people and thanks to this is able to have the money she needs to support her family and try to provide for their day to day needs.
Nélida wants to continue investing in her business and this is why she’s asking for the loan because she wants to buy soap, detergent, fabric softener and clothes deodorant to continue working.
Nelida es lavandera, comenta que siempre esta atareada y con mucho trabajo. Es una persona muy sacrificada y que se esfuerza mucho día a día. Comenta que lava ropa de muchas personas, gracias a esto puede tener el dinero que necesita para poder mantener a su familia y de esa forma tratar de darles para el día a día.
Nelida quiere seguir invirtiendo en su negocio, y por ello solicita el crédito, ya que quiere comprar jabones, detergentes, suavizantes y desodorantes para ropas, para que de esa forma poder seguir trabajando.
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