One of the members of this group is Lidia, who helps her family by selling footwear. She says that her business is doing very well as she always has very good footwear available and this pleases her customers a lot. Her goal is to one day have a large shoe store and to keep working for her family.
Lidia is requesting this loan to invest in buying all kinds of footwear so that she can fill the orders that she has from some of her customers and also attract new customers.
Una de las integrantes es la Sra. Lidia, quien por medio de la venta de cazados ayuda a su familia. Cuenta Lidia que le esta yendo muy bien en su negocio ya que siempre tiene muy buenos calzados y eso gusta mucho a sus clientes. Su meta es poder tener un día una gran zapatería y seguir trabajando para su familia.
Solicita el crédito para poder invertirlo en la compra de calzados de todo tipo y así cumplir con los pedidos que tiene de algunos clientes y también poder atraer a otros.
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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