Divino Niño Jesus Group
Maximina, one of the members, is a street vendor who sells clothes. She has a good clientele and is able to help her family thanks to her work. Maximina is a hardworking person who wants to continue helping her family through her work. She is requesting a loan in order to buy clothes. This will enable her to continue giving her customers a good variety. As a result, she can continue earning income to help her family.
Maximina, una de las miembros es vendedora ambulante de ropas, ella tiene muy buena clientela, y gracias al trabajo que hace puede ayudar a su familia. Ella es una persona muy trabajadora que desea seguir ayudando a su familia por medio de su trabajo.
Solicita de este crédito para poder comprar prendas y de esa forma poder seguir dando a sus clientes una buena variedad con la que podrá seguir ganado los ingresos para 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