San Roque Group
Eva sells cosmetics and says that she selects good quality cosmetics so she can offer a good product to her customers. She is getting ahead, thanks to her efforts and the help she gets from the group. She is asking for this loan to buy different brands of cosmetics to be able to continue offering them to her customers.
La Sra. Eva se dedica a la venta de cosméticos, ella misma comenta que se encarga de elegir la buena calidad de sus cosméticos, y así ofrece un buen producto a sus clientas. Está saliendo adelante gracias a la ayuda de su grupo y a su esfuerzo. Solicita de este crédito para poder invertirlo en la compra de cosméticos de distintas marcas para poder seguir ofreciendo a sus clientas.
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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