Oñondivepa 2 Group
Laura is a member of the group and also the president. She is thankful to be able to work with the women and that they have gotten ahead as a group and helped each other. Laura sells clothing of all styles, such as shirts, jeans, pants, tops and other things. She is thankful to be able to help at home and support her family. She is asking for a loan so that she can buy shirts, jackets, jeans, coats and other types of clothing so that she can continue offering a good selection to her customers.
Laura es miembro del grupo, y también es la presidenta, comenta que gracias al trabajo en conjunto que ellas hacen han podido salir adelante como grupo y ayudarse todas. Laura se dedica a la venta de prendas de todo tipo, como ser remeras, jeans, pantalones, camisas y demás, gracias a lo cual puede ayudar en su casa y también mantener a su familia.
Ella solicita el crédito para la compra de camisas, camperas, jeans, abrigos y demás tipo de prendas, con lo que podrá seguir ofreciendo 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