Santa Rosa 2 Group
Patricia is a very hardworking and determined person. She sacrifices a lot for her family members so that she can give them everything they need to have a good life free from want. She earns her living reselling second-hand clothing. This is going well for her, since second-hand clothing is in high demand because it is cheaper. Patricia is asking for the loan so that she can buy second-hand clothing to resell so that in this way she can continue to support her family.
Patricia es una persona muy trabajadora y luchadora, se sacrifica mucho por sus familiares, ya que quiere poder darles todo lo que necesitan para tener una buena vida sin privaciones. Ella se dedica a la venta de prendas de segunda mano, en lo que le está yendo bien, ya que la prenda se segunda mano es muy solicitada porque es más barata.
Patricia solicita el crédito para la compra de prendas de segunda mano, para poder venderlas y de esa forma seguir teniendo los medios necesarios para poder mantener a su familia.
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