Virgen Del Pilar Group
One such story is that of Flavia, who sells clothes thanks to the loans that have been awarded. She tells us that by means of these loans, she has been able to improve her business, her quality of life and her income.
She is requesting this loan to buy shirts, tank tops, pants and other garments to keep growing as an entrepreneur.
Una historia es la de la Sr. Flavia quien se dedica a la venta de ropa esto gracias a los créditos que se le otorgó , nos comenta que mediante el crédito pudo mejorar su actividad y su nivel de vida e ingreso económico.
Ella solicita el crédito para poder comprar camisas, camisillas, pantalones y demás prendas para poder seguir creciendo como microempresaria.
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