Mujeres Unidas 2 Group
Nilda makes up part of the group and says that she sells all kinds of perfumes. Thanks to her good talent for selling she is growing and in this way helps her family. She has male and female customers who are always ordering a lot from her and that's why it's going very well for her. She is seeking the loan to be able to stock up with a greater variety of fragrances and so keep on with what she is doing.
Nilda forma parte del grupo, y cuenta que ella vende todo tipo de perfumes. Gracias a sus buenas dotes de vendedora está creciendo y de esa forma ayuda a su familia. Tiene clientes y clientas que siempre le hacen muchos pedidos y es por ello que le va muy bien. Solicita el crédito para poder surtirse con más variedad de fragancias y así seguir con lo que está haciendo.
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