Mujeres Unidas Group
Claudia, the group president, says that her fellow members are very pleased and appreciative of the opportunity they have received. As a result, they have been able to help their families and themselves through this wonderful opportunity. Claudia sells different types of clothing and has been able to get ahead.
She is requesting a loan in order to buy Bermuda shorts, tank tops, trousers, shirts, and other items so that she can continue selling and providing good-quality products to her customers.
Claudia, la presidenta, comenta que sus compañeras están muy contentas y agradecidas por la oportunidad que reciben, ya que están ayudando a sus familias y a ellas mismas con esta gran oportunidad. Claudia se dedica a la venta de prendas de variadas clases y que está saliendo adelante.
Solicita de este crédito para la compra de bermudas, camisillas, pantalones, camisas y demás para poder seguir vendiendo y dando buena calidad 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