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Aída is a very hardworking person who very much wants to get ahead and she comments that through the sale of perfume she’s been able to help her family and to give them everything they need for a better lifestyle. Her goal is to be able to have a large store wherein she can offer a great variety to her customers.
She is asking for the loan to buy perfume to stock up and meet customer demand. She is very grateful for the help she’s getting from Kiva and Fundación Paraguaya.
Aida es una persona muy trabajadora y con muchas ganas de salir adelante y comenta que por medio de la venta de perfume que hace ha podido ayudar a su familia y darles todo lo que necesitan para un mejor estilo de vida. Su meta es poder tener una tienda grande donde poder ofrecer una gran variedad a sus clientes.
Ella solicita el crédito para la compra de perfumes, con lo cual podrá abastecerse y cumplir con la demanda de sus clientes. Ella está muy agradecida por la ayuda que está recibiendo de Kiva y de fundación 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