Mujeres Al Poder Group
Adolfina is one of the group's members. She tells us that with sacrifice and effort, she has been growing and improving her shoe sales business. She is a person with a great spirit when she does her job, and therefore she has a well-defined customer base. Her goal is to be able to have a large shoe store and, in this way, to continue growing. She is requesting this loan to buy men's and women's shoes. This way, she will always have a large variety to offer to her customers.
Adolfina es una de las miembros de este grupo, y ella nos comenta que con mucho sacrificio y esfuerzo ha ido creciendo y mejorando su negocio de venta de zapatos. Ella es una persona que tiene muy buena onda a la hora de hacer sus ventas, es por ello que tiene ya una clientela bien definida. Su meta es poder tener una gran zapatería y de esa forma ir creciendo. Solicita el crédito para la compra de calzados, para hombres y mujeres, y de esa forma estar siempre con mucha variedad que poder ofrecer 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