Kuña Mbarete Group
Mirian is the group’s president and a hair stylist. She has a small salon where she serves all of her customers. Her greatest desire is to have a great salon where she can serve more customers and be able to provide jobs for others who want to get ahead.
She is asking for this loan to buy tints, spray, gel, shampoo, rinses, and other supplies so that she can continue growing and providing good service.
La presidenta de este grupo se llama Mirian, y ella se dedica a la peluquería, tiene un pequeño salón en el que atiende a todos sus clientes. El gran deseo de Mirian es poder tener un gran salón de belleza para poder atender a más clientes y también poder dar trabajo a otras personas que quieren salir adelante.
Ella solicita de este crédito para la compra de tintes, spray, gel, shampoo, enjuagues y demás insumos para poder seguir creciendo y dando un buen servicio 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