María works every day, starting early in the morning. She says that she has a good base of clients that come to her because she is good at what she does. María is a tenacious woman, who works as hard as she can.
María is requesting a loan to invest in buying dyes, shampoo, conditioners, creams and other products that she frequently uses.
Día a día trabaja desde muy tempranas horas y cuenta que tiene buena cantidad de clientes que siempre se acercan a ella, ya que siempre hace muy buenos trabajos. Es muy trabajadora la Sra. Maria y lo muestra con todo lo que tiene.
Ella solicita de este crédito para poder invertirlo en la compra de tintes, shampoo, enjuagues, cremas y demás, ya que son los insumos que mas usa en su negocio y los que siempre necesita.
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