Maria Gloria, the president of the group, is a very hard working person who, through her sales, is getting ahead and helping her family. She sells all types and brands of clothing. Her goal is to be able to continue growing and have a great shop.
She is requesting this loan to buy summer clothes and to be able to have a good variety to offer her customers.
Maria Gloria, la presidenta del grupo es una persona muy trabajadora que por medio de sus ventas está saliendo adelante y ayuda a su familia. Ella vende prendas de todo tipo, clase y marca. Su meta es poder seguir creciendo y el día de mañana tener un gran local.
Solicita de este crédito para la compra de prendas de verano, y así poder tener buena variedad que ofrecer a sus clientes.
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