La Esperanza 2 Group
Nilda is the president of the group and with her help, her fellow group members have been able to get ahead. She is a very enthusiastic person and seeks to better herself and also to help her fellow group members. She sells all types of clothes and thanks to her business she can also help her family and give them everything they need in their daily lives.
Her dream is to be able to have a store to sell her clothes. She came to us to request a loan to purchase winter clothes because it will be cold soon and she wants to have a good variety to offer to her customers.
Nilda es la presidenta del grupo, y por medio de su ayuda a las compañeras han podido ir adelante, es una persona muy entusiasta y con muchas ganas de ser mejor y también de ayudar a sus compañeras. Ella vende todo tipo de ropas, y gracias a su negocio puede también ayudar a su familia, y darles todo lo que necesitan para el día a día. Su sueño es poder tener un salón donde vender sus prendas. Acudió a nosotros para solicitar un crédito, el que quiere invertir en la compra de ropas de invierno, ya que se viene el frio y ya quiere tener buena variedad para ofrecer a sus clientes.
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