La Esperanza Group
Nilda is the group’s president and also sells clothing in her neighborhood. She is a very humble, responsible, active person with a great desire to get ahead. Thanks to her sales, she is helping her family and becoming known to other customers.
Nilda is asking for this loan to buy clothing of all types, now that the Christmas and New Year season is coming. This is when she has the most customers and she wants to be prepared.
This group wants to continue working with the foundation because it has helped them greatly and the training has helped them to get ahead.
La presidenta del comité es la Sra. Nilda, quien se dedica a la venta de ropas en su barrio, es una persona muy humilde, responsable, activa y con muchas ganas de salir adelante. Gracias a las ventas que hace está ayudando a su familia y se está haciendo conocida a otros clientes.
Nilda Solicita de este crédito para la compra de ropas de todos tipos, ya que se acerca la época de navidad y año nuevo y es cuando más clientela tiene, y quiere poder estar preparada.
Este grupo desea seguir trabajando con la fundación ya que las ha ayudado mucho y gracias a las capacitaciones están saliendo adelante.
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