Virgen Del Pilar Group
Cynthia, one of the members, works selling all kinds of silver with help from her family she has the means to meet the day to day expenses that come up. She is a woman that wants to get ahead in life and shows it with all the effort that she puts into her work.
She needs this loan to buy jewelry and keep selling them. With the income she wants to help her family.
Cynthia, una de las miembros, se dedica a la venta de todo tipo de platerías, con lo que ayuda a su familia y tiene los medios para poder cubrir los gastos que día a día surgen. Ella es una persona que quiere salir adelante, y lo muestra con todo el esfuerzo que hace.
Solicita de esta ayuda para poder comprar joyas y seguir vendiendo y con esos ingresos ayudar a su familia.
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