Mujeres Triunfantes Group
Miguela is part of this hardworking group. She works in hairdressing. She has a little beauty salon, where she tends to all the customers who come to her. She is very well known, since everyone whom she serves is left very happy and pleased.
Miguela is applying for the loan to buy dyes, sprays, scissors, shampoo, rinses, and other supplies for her business. She is grateful for the opportunity that she is receiving, since it will give her a great opportunity to grow.
Miguela es parte de este grupo trabajador, ella se dedica a la peluquería. Tiene un pequeño salón, donde atiende a todos los clientes que se acercan a ella. Es muy conocida ya que todos los que son atendidos por ella quedan muy conformes y a gusto.
Miguela solicita el crédito para la compra de tintes, spray, tijeras, shampoo, enjuagues y demás insumos para su negocio. Ella esta agradecida por la oportunidad que está recibiendo, ya que le dará una gran oportunidad para crecer.
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