Virgen Del Rosario Group
Lizandra, together with other partners, have guided the other members in their successive loan cycles, and they work tirelessly with the aim of giving their families a better life.
Lizandra is a business owner and sells cosmetics of all kinds. In this way she helps her family. She is requesting the loan in order to buy cosmetics of all kinds, enabling her to meet demand and orders from her customers.
La Sra. Lizandra junto con otras compañeras ha guiado a las demás integrantes en los sucesivos ciclos, ya que la mismas trabajan incansables con el fin de darle una vida mejor a su familia. Lizandra es comerciante, y se dedica a la venta de cosméticos de todo tipo, con lo cual ayuda a su familia.
Ella solicita el crédito para la compra de cosméticos de todo tipo, con lo cual tendrá cumplir con la demanda y pedidos de 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