San Juan Group
Isabel has a business selling clothing, and through this business she helps her family. Thanks to her work, she has the income to help them. She is a person who has a strong desire to better herself and get ahead in life.
Isabel is requesting a loan to invest in the purchase of various kinds of garments, especially summer clothing, so that she can continue to sell products.
Isabel se dedica a la venta de ropas, y por medio de su trabajo ayuda a su familia, ya que gracias a su trabajo tiene los ingresos para poder ayudarlos. Es una persona con ganas de salir adelante y ser mejor en la vida.
Solicita de este crédito para poder invertirlo en la compra de prendas de variadas clases, en especial de verano, para poder seguir vendiendo sus productos.
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