Olga is an example to follow. She is a very hardworking woman who from an early age worked to help her family. She sells all types of clothing, such as formalwear, sportswear and more. Through this work she has a way to help with the household expenses and get ahead. She is asking for this loan to buy clothes, since Christmas is coming and she wants to have clothing to offer her customers. The committee is grateful for the help it is receiving, because they can invest it in their businesses.
Olga es un ejemplo a seguir, ella es una persona muy trabajadora, que desde temprana edad trabajo para ayudar a su familia. Se dedica a la venta de prendas de todo tipo, como ser de vestir, sport y demás. y es por medio de este trabajo que tiene como ayudar en los gastos de la casa y salir adelante.
Ella solicita de este crédito para la compra de prendas, ya que se acercan las fiestas de navidad y año nuevo y quiere tener más prendas que poder ofrecerles a sus clientes. El comité está agradecido por la ayuda que están recibiendo, pues podrán invertirlo en sus negocios.
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