La Amistad Group
Liduvina is a member of this group and also the president. She shares that through great effort and her work her business is growing, which is a hair salon. Thanks to the hair salon she has the means to help her family and cover the costs that emerge day to day. Liduvina requests this loan to purchase hair dyes, gel, combs, shampoo, conditioner and other supplies needed to continue providing a good service to her customers.
All of the members are thankful for the help they are receiving, as it will be very useful to them.
Liduvina, una de las miembros de este grupo y también es la presidenta, ella comenta que con gran esfuerzo y por medio de su trabajo está creciendo en su negocio, que es una peluquería. Gracias a esta peluquería tiene los medios para poder ayudar a su familia y cubrir los gastos que día a día surgen.
Liduvina solicita de este crédito para la compra de tintes, gel, peines, shampoo, enjuagues y demás insumos para poder seguir dando un buen servicio a sus clientes. Agradecen todas las miembros por la ayuda que están recibiendo, pues les será muy útil.
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