La Amistad Group
Maria is a member of this group and is a hairdresser. She has a shop where she serves customers and has been growing over time and with help from the group. She has always been hard working and is sure that she wants to continue providing for her family.
She is asking for this loan to buy tints, shampoo, rinses, creams, and other supplies that will allow her to continue to work.
Maria es parte de este grupo, ella se dedica a la peluquería, tiene un pequeño local donde atiende a sus clientes. Con el tiempo, y con la ayuda de su grupo ha ido creciendo. Ella es una persona que siempre ha luchado y está segura de que quiere seguir haciéndolo para darle a su familia todo lo que necesitan.
Ella solicita el crédito para la compra de tintes, shampoo, enjuagues, cremas, y demás insumos con los que podrá seguir trabajando.
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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