Ykua Vera Group
Jorgelina sells all different kind of cosmetics, and is thanks to doing this work which does not tire her out, that she can give her family all that they need without having to go without any of the necessities. Her wish is to be able to have a store for general merchandise, where she would be able to sell cosmetics and more products.
Jorgelina is asking for a loan to buy cosmetics, with which she will restock and have a good variety to offer her customers. She and her friends are thankful for the opportunity they are being given, as it will be a great help.
Jorgelina vende todo tipo de cosméticos y es gracias a que trabaja sin cansarse que puede dar a su familia todo lo que necesitan para no pasar por ningún tipo de necesidades. Su deseo es poder tener una tienda de productos en general, donde poder vender sus cosméticos y demás productos.
Jorgelina solicita el crédito para la compra de cosméticos, con lo cual podrá surtirse y tener buena variedad que ofrecer a sus clientes. Ella y sus amigas agradecen por la oportunidad que están recibiendo, pues les será de mucha ayuda.
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