Santa Librada Group
Lidia belongs to this hard-working group. She works selling used clothing items. She says she started out with a few customers, but later she started expanding little by little, and currently she has a very good customer base and receives lots of orders.
She is requesting the loan to purchase used clothing items so that she can respond to her customers' demand and also so that she can have better income to offer her customers.
Lidia es parte de este trabajador grupo, se dedica a la venta de prendas de segunda mano. Cuenta que empezó con unos pocos clientes, pero que después fue creciendo de a poco y hoy en día ya tiene muy buena clientela que siempre le hace muchos pedidos.
Solicita el crédito para la compra de prendas de segunda mano, con lo cual podrá cumplir con la demanda de sus clientes y así también tener mejores ingresos para ofrecer a 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