Kuña Guapa Group
Ramona is a hairdresser. She says that starting her business was a little bit difficult, but later on as she acquired experience, she was able to acquire a good number of clients because of her excellent work. Thanks to her efforts, Ramona has been able to move forward and help her family. Her goal someday is to have a large salon so that she can continue helping her family.
She is requesting a loan so that she can restock her business with products that she needs most for styling hair such as dyes, shampoo, rinses, oxygenated water, chemicals, and other supplies.
Ramona es peluquera, y comenta que cuando inicio su negocio le fue un poco difícil, pero que luego fue adquiriendo experiencia y gracias a eso, sumado a su buen trabajo se hizo de muy buena clientela, y gracias a esto está saliendo adelante y ayuda a su familia. Su meta es poder tener el día de mañana una gran peluquería y seguir ayudando así a su familia.
Ella solicita el crédito para poder surtir su negocio con los productos que más necesita para su peluquería, como ser tintes, shampoo, enjuagues, agua oxigenada y demás químicos, 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