Mujeres Unidas Group
One of the group members is Elisa, who is also the president. She works very hard to help her family and her fellow group members. She's a person who wants to get ahead, which is evident in the effort she always makes. She makes a living selling all types of clothes, and this business helps her a lot.
She's requesting this loan to buy summer clothing to be able to continue with her sales and have a good variety to offer to her customers.
Una de las miembros de este grupo es la Sra. Elisa, que también es la presidenta del grupo, ella con mucho esfuerzo ayuda a su familia y también a sus compañeras del grupo, es una persona que desea salir adelante y eso se ve con el empeño que siempre pone. Se dedica a la venta de prendas de toda clase y este negocio la ayuda mucho.
Solicita de este crédito para la compra de prendas de verano, para poder seguir con sus ventas y también poder tener una buena variedad que poder 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