Mujer Emprendedora Group
Marina, one of the members, makes a living selling all types of used clothing. She says her business is doing well because used clothing is selling well lately. Her idea is to be able to continue working so she can have a better business in the future.
She's requesting this loan to be able to invest in buying second-hand clothing to have a better supply and variety to be able to sell to her customers.
Marina, una de las miembros, se dedica a la venta de prendas usadas de todo tipo, y cuenta que su negocio está muy bien, ya que últimamente las prendas usadas se venden mucho. Su idea es poder seguir trabajando y el día de mañana poder tener un mayor negocio.
Solicita de este crédito para poder invertirlo en la compra de prendas de segunda mano y así tener un mayor stock y variedad que poder ofrecer a sus clientes.
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