Leonidas is the president of the group and says the previous loan cycles have shown that she can help her fellow members in many ways. She sells lingerie and says that she has a good customer base because they always make orders and buy her merchandize. She is a very hardworking person with the drive to get ahead and be someone important in life.
She needs the loan to buy all types of lingerie to meet some of the orders that she has as well as improve her income.
Leonidas es la presidenta del grupo, y nos cuenta que en el trascurso de todos estos ciclos ha demostrado que puede ayudar en muchas maneras a sus compañeras. Ella vende lencería y comenta que tiene muy buena clientela que siempre le hacen pedidos y compran sus artículos. Ella es una persona muy trabajadora y con ganas de salir adelante y ser alguien en la vida.
Ella solicita el crédito para la compra de lencería de todo tipo, y de esa forma poder cumplir con algunos pedidos que tiene, y también mejorar sus ingresos.
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