Las Virtuosas Group
Mariana is a part of the group. She sells jewelry of all sorts, such as rings, bracelets, chains, and other things. She says that she has a good clientele because she always gets a lot of orders from her customers, and this is why things are going very well for her.
She is requesting the loan to buy jewelry so that she can stock up and have a greater variety to offer to her customers. She is very happy because of the opportunity for progress that she is receiving, because it will be very helpful to her.
Mariana es parte del grupo, ella se dedica a la venta de joyas de todo tipo, como ser anillos, pulseras, cadenas y demás tipos. Comenta que tiene muy buena clientela ya que siempre recibe muchos pedidos de sus clientes., y es por ello que le va muy bien.
Ella solicita el crédito para la compra de joyas con lo que podrá abastecerse y tener mayor variedad para poder ofrecer a sus clientes. Está muy contenta por esta oportunidad de progreso que está recibiendo, ya que le será de mucha ayuda.
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