3 De Junio Group
Laura is the treasurer of the group, and she always knows how to perform great, because she is very strict. She sells all kinds of clothes and wants her business to grow so she will be able to offer more products to her customers. She is requesting a loan to buy clothes, so she will be able to continue earning a living and supporting her child.
La Sra. Laura es la tesorera del grupo , y siempre sabe llevar bien adelante su puesto ya que es muy estricta, ella tiene ventas de ropas de todas clases y desea que su negocio vaya creciendo y así poder más productos que poder ofrecer a sus clientes.
Ella solicita el crédito para la compra de prendas, con lo cual podrá seguir ganándose la vida y el sustento para su hijo.
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