San Miguelito Group
Mirian is part of this group and she comments that she sells all sorts of products like blankets, sheets, pillowcases and some clothes from place to place. She comments that her work is very demanding because she wanders the streets to sell her products thus obtaining the means to be able to help her family. Her dream is to have a store so that she doesn’t have to sell from place to place any longer.
She’s asking for the loan to buy the products she sells like blankets, sheets and others because she wants to be able to offer variety to her customers and fill the pending orders she has.
Mirian es parte del grupo, y ella comenta que se dedica a la venta ambulante de todo tipo de productos, como ser frazadas, sabanas, fundas, y algunas prendas. Cuenta que su trabajo es muy sacrificado ya que ella recorre por las calles para vender sus productos y de esa forma obtiene los medios para poder ayudar a su familia. Su sueño es tener una tienda y así no tener que ir mas en forma ambulante.
Ella solicita el crédito para la compra de los productos que vende, como las frazadas, sabanas y demás, ya que quiere poder ofrece variedad a sus clientes y cumplir con pedidos que tiene.
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