Igualdad Para Todas Group
Lizzie is part of the group, she sells clothing and has a good client base because she always has a good variety to offer her clients and thanks to her work she is getting ahead.
She requests this loan to buy clothing of all kinds, particularly summer clothing because the heat is approaching and she wants to stock up for the season.
Lizzie es parte del grupo, ella es vendedora de prendas, y cuenta que tiene buena clientela, ya que siempre tiene muy buena variedad que poder ofrecer a sus clientes y así gracias a su trabajo está saliendo adelante.
Solicita este crédito para la compra de prendas de todo tipo, en especial de verano, ya que se acerca el calor y quiere poder surtirse.
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