Mujeres Emprendedoras De Tacumbu Group
Ubaldina is a member of this bank. She joined the group to be able to help her family and get them ahead in life through this offering of hers. She is the president of the group and makes a living through sales since she has a dispensary and also through the sale of cosmetics. She is a good merchant and is growing thanks to her job and the help that she is receiving on behalf of her group.
Ubaldina asks for this loan in order to invest in the purchase of cosmetics and also supplies for her dispensary because she wants to fill up her stock in order to offer a better variety to her customers.
The group is grateful for the support they receive since it will be a great help to keep growing in what they each do.
La Sra. Ubaldina es una integrante de éste comité, se unió al grupo para poder ayudar a su familia y por medio de su sacrificio sacarlos adelante. Ella es la presidenta del grupo, y se dedica a las ventas, ya que tiene una despensa y también se dedica a la venta de cosméticos. Es una buena comerciante y está creciendo gracias a su trabajo y a la ayuda que está recibiendo de parte de su grupo.
Ubaldina solicita este crédito para poder invertirlo en la compra de cosméticos y también de insumos para su despensa, ya que quiere llenar su stock para ofrecer mejor variedad a sus clientes.
El grupo agradece por la ayuda que recibe, pues les será de gran ayuda para poder seguir creciendo en lo que cada una hace.
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