Ara Pyahu Group
Cipriana is a member of the group; she sells all types of clothes. She comments that thanks to the variety she has she’s managed to have a large number of customers that always buy clothes from her. Cipriana’s dream is to have a great salon to sell her clothes in and to have more customers and to improve her income.
She’s asking for the loan to buy winter clothes to stock up and have a variety to offer her customers because the cold season is approaching and she has many orders.
Cipriana es una de miembro del grupo, ella se dedica a la venta de prendas de todo tipo. Comenta que gracias a la variedad que tiene, ha logrado tener una gran cantidad de clientes que siempre compran de ella las prendas que tiene. El sueño de Cipriana es poder tener un gran salón donde vender sus prendas y así tener más clientes y mejorar sus ingresos.
Ella solicita el crédito para la compra de prendas de invierno, con lo cual podrá abastecerse y tener variedad que poder ofrecer a sus clientes, ya que se acerca la época de frio y tiene muchos pedidos.
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