Divino Niño Jesus Group
Ms. Gloria has four children and is a clothes seller. She comments that thanks to her work she gives her children what they need so they need not experience deprivations. She is seeking the loan in order to purchase more clothing for stocking her business. Gloria has as a goal to keep growing in her business and purchasing more products so as to give her family a better quality of life.
La sra. Gloria tiene 4 hijos es vendedora de ropa, cuenta que gracias a su trabajo le da a sus hijos lo que necesitan para que no tengan que pasar necesidades. Ella solicito el credito para la compra de mas prendas para acoplar a su negocio. Gloria tiene como meta ir creciendo en su negocio e ir comprando mas productos y asi brindar un mejor estilo de vida 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