Damas Unidas Group
Asunción is the President of the group and she sells all kinds of garments from a variety of brands. She tells us that it is a little hard because there is a lot of competition but she says that it is important to her to distinguish herself and have good products, which is what is important to clients. She is getting ahead and her business is growing and this makes her very happy.
She is asking for this loan to purchase t-shirts, shirts, blouses, jeans, pants and more garments in order to continue working.
Asunción, la presidenta, cuenta que vende prendas de variadas clases y marcas, comenta que es un poco difícil, porque hay mucha competencia, pero comenta que lo que importa es diferenciarse y tener buenos productos que es lo que importa a los clientes. Ella esta saliendo adelante y está creciendo, y eso la pone muy feliz.
Solicita de este crédito para la compra de remeras, camisas, blusas, jeans, pantalones y demás prendas para seguir con su trabajo.
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