Rosa Mistica Group
Claudia is a member of the group and she tells us that she helps her family by working to sell clothes. She has a wide variety of garments that she offers to her clients, and thereby has the means to help her family. She would like to continue growing her business, and one day have a large clothing store.
She is asking for this loan to buy winter clothing, and as the cold weather approaches she will therefore be able to serve her clients with a good variety of items.
Claudia es miembro del grupo y comenta que se dedica a la venta de ropas, con lo cual ayuda a su familia. Tiene buena variedad de prendas que ofrece a sus clientes y así tiene los medios para ayudar a su familia. Desea poder seguir creciendo con su negocio y algún día tener una gran tienda de ropa.
Solicita el crédito para la compra de prendas de invierno, ya que se acerca el frio y quiere poder cumplir con sus clientes, dándole buena variedad.
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