San Juan Group
One of the members of this group is Blanca. She lives with Ramón and has one child. Blanca's business is selling clothing. She uses the income that she makes to help her husband with their household expenses. She joined her neighborhood committee so that, with the help provided by Fundación Paraguaya, she could continue growing and helping her family.
Blanca is requesting this loan to buy winter clothing so that she can have a good stock of clothes available to offer her customers.
Una de las integrantes, Blanca, está acompañada con el Sr. Ramón tiene 1 hijo. Blanca se dedica a la venta de ropa y con los ingresos que ella tiene ayuda a su marido en los gastos de su hogar, se integro al comité de su barrio para que con la ayuda que le brinda la Fundación Paraguaya pueda seguir creciendo y ayudar a su familia.
Ella solicita el crédito para la compra de prendas de invierno, y de esa forma poder tener un buen stock de prendas para 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