Andreza is a member of the group. With the help of her group, she has been able to move forward and help her loved ones. She sells secondhand clothing and is doing very well because her products are well-accepted.
She is requesting a loan in order to buy clothes so that she can continue working and helping her family, thus allowing her to provide what they need.
Andreza es miembro del grupo y cuenta que por medio de la ayuda de su grupo está pudiendo salir adelante y ayudar a los suyos. Ella se dedica a la venta de prendas de segunda mano, y cuenta que le está yendo muy bien porque sus prendas son muy aceptadas.
Solicita el crédito para la compra de prendas, para que de esa forma pueda seguir trabajando y ayudando a su familia, dándoles lo que necesitan.
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