The director is Mrs. Ramona, who was chosen by the group's members. She sells furniture for a living. Little by little she started her business, and thanks to her hard work it has grown into what is now a grand micro-business. Her goal is to keep expanding and continue supporting her family all she can.
She is requesting a loan to buy different kinds of furniture to continue her sales work.
La Directora es la Sra. Ramona quien fue elegida por las integrantes del comité, ella se dedica a la venta de muebles. Cuenta que empezó con muy poco, pero que después gracias a su esfuerzo fue creciendo, y hoy en día ya es una gran microempresaria. Su meta es poder seguir creciendo y de esa forma poder seguir ayudando a su familia en todo lo que pueda.
Solicita el crédito para la compra de muebles de diferente tipo, para poder seguir trabajando y vendiendo
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