Mujeres Victoriosas Group
Sandra is one of these women. She comments that thanks to the group’s help she’s grown much and is moving forward. She has a small barber shop that she wants to gradually enlarge over time to earn higher income and be able to help her family. She requests this loan to buy hairspray, shampoo, rinses, hair color and other supplies.
Sandra, una de estas mujeres, comenta que gracias a la ayuda de su grupo ha crecido mucho y está saliendo adelante. Ella tiene una pequeña peluquería, que con el tiempo quiere ir agrandando para así tener mayores ingresos y poder ayudar a su familia.
Solicita de este crédito para la compra de spray, shampoo, enjuagues, tintes y demás insumos.
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