Maria Auxiliadora 2 Group
Josefina is part of this group. She's a very self-sacrificing person and a fighter. She's the breadwinner in her family and she always works hard for them, so that she can give them everything they need in order to live with dignity and without deprivation. She sells all kinds of garments, such as shirts, jackets, jeans and other items. By doing this she has the necessary means to pay for her daily expenses.
She requests the loan in order to purchase winter clothing, since the cold season is coming and she wants to stock up her business.
She gives thanks to Kiva and Fundación Paraguaya for the great opportunity that she and her friends are receiving.
Josefina es parte de este grupo, ella es una persona muy sacrificada y luchadora, es el sostén de su familia y siempre se esfuerza por ellos, para poder darles todo lo que necesitan para tener una vida digna y sin privaciones. Vende todo tipo de prendas, como ser remeras, camperas, jeans y demás con lo cual tiene los medios suficientes para cubrir los gastos del día a día.
Solicita el crédito para la compra de prendas de invierno, ya que se viene el frio y quiere tener bien abastecido su negocio. Agradece a Kiva y fundación paraguaya por la gran oportunidad que están recibiendo ella y sus amigas.
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