Santa Lucia Group
María Luz with effort and dedication hopes for a better future for her and her family which is why she strives day to day to sell larger amounts of costume jewelry and satisfy customer demand with a variety of hoops, chains, bracelets, etc. She wants the loan to buy merchandise like hoop earrings, necklaces, bracelets, etc.
La sra. María Luz con su esfuerzo y dedicación anhela un futuro mejor para ella y la de su familia es por eso que día a día se esmera por vender mayores cantidades de bijouteries y satisfacer a su clientela con las variedades de aros, cadenitas, pulseras, etc.
Desea el crédito para la compra de insumos como: aros, collares, pulseras, etc.
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