Lourden is an enterprising, hardworking woman but above all is very optimistic and she encourages her fellow members to get ahead. Lourden is a merchant. She has a general store where she sells all types of items like clothes, shoes, kitchenware and other supplies. Thanks to the good variety she has a large clientele.
She’s asking for the loan to buy kitchenware and shoes to have more variety available to sell to her customers. She is happy with the help she’s getting from the Fundación and Kiva.
La Sra. Lourden, es una mujer emprendedora, trabajadora y por sobre todo muy optimista e inculca a las integrantes de su comité a salir adelante. Lourden es comerciante, ella tiene una mercería, donde vende todo tipo de artículos, como ser prendas, calzados, artículos de bazar y demás insumos, y es gracias a esta buena variedad que tiene muy buena clientela.
Ella solicita el crédito para la compra de artículos de bazar y calzados, con lo cual tendrá mejor variedad que ofrecer a sus clientes. Ella está contenta por la ayuda que está recibiendo de la fundación y de Kiva.
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