San Juan Group
Teodosia is a member of the group. She is a hairdresser and says that she has a very good clientele, as she does very good work. She began with very little, but is succeeding thanks to the work she does.
She is requesting the loan in order to buy supplies for her hair salon, such as shampoo, rinses, gel, hair coloring, and other items, so that she can continue working and giving her customers good service
Teodosia es miembro del grupo, ella es peluquera y cuenta que tiene muy buena clientela, ya que hace muy buenos trabajos. Empezó con muy poco, pero gracias al trabajo que hace está saliendo adelante.
Solicita el crédito para la compra de insumos para su peluquería, como ser shampoo, enjuagues, gel, tintes y demás insumos para poder seguir trabajando y dando un buen servicio 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