2 De Mayo Group
Liz is a member of the group. She says that with a lot of effort and hard work she can help her family and provide them with the basics for a simple life. Liz earns her living selling sheets, blankets, comforters etc. in the streets. She says that although the work is very hard and takes a lot out of her, she likes it because it’s a decent and honorable job.
She is seeking a loan to buy stock such as sheets and comforters so she will have a good variety to offer her customers.
Liz forma parte del grupo, y comenta que con mucho esfuerzo y sacrificio puede ayudar a sus familiares y darles lo que necesitan para tener un estilo de vida digno. Liz se dedica a la ambulante de sabanas, frazadas, edredones y otras clases de productos. Comenta que su trabajo es muy sacrificado, pero que pese a ello le gusta lo que hace ya que es un trabajo digno y por sobre todo muy honesto.
Ella solicita el crédito para la compra de sabanas, edredones y demás, con lo que podrá abastecerse y seguir ofreciendo buena variedad 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