San Jose Group
Irene is the treasurer of the group and she always knows how to work well in her position. She sells cleaning supplies and she does different things in the house. Irene realized that with the passage of time and with help from her work and they group, she wants to have her own cleaning supplies business. Since continuing to work helps her come closer to her dreams, she is requesting this loan in order to purchase cleaning supplies to sell them and to have income to help her family.
La Sra. Irene es la tesorera del grupo, y siempre sabe llevar bien adelante su puesto , ella tiene venta de articulos de limpieza y realiza todo tipo para cosas en el hogar etc. Irene cuenta que con el correr del tiempo y con la ayuda de su trabajo y de su grupo quiere poder tener su propio local de artículos de limpieza. Y en miras a seguir trabajando para estar cada vez más cerca de sus sueños es que solicita este crédito, para la compra de productos de limpieza para poder venderlos y seguir tendiendo los ingresos para ayudar a su familia.
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