Mujeres Capaces Group
One of the members is Teresa, who is married and has three children. She sells clothing of all types and brands. Thanks to the variety of items that she offers, she has been able to establish a good customer base to the point that she always has people that want to buy her clothes. She says that her greatest wish is to continue growing so that she can have a large store.
Teresa is requesting assistance from Kiva and Fundación Paraguaya so that she can buy T-shirts, jeans, trousers, jackets, and other products because she wants to be restocked and be able to meet the demands of her customers.
Una de las integrantes, Teresa, quien está casada y tiene 3 hijos. Ella vende ropas de toda clase y marcas, cuenta que gracias a la variedad que tiene ha podido formarse una buena clientela que siempre acude hasta ella para comprar sus prendas. Cuenta que su mayor sueño es poder seguir creciendo y tener una gran tienda.
Solicita la ayuda de Kiva y fundación paraguaya, para la compra de remeras, jeans, pantalones, camperas y demás insumos con los que quiere surtirse y cumplir con la demanda 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