San Damian Group
Marta, the president, sells clothing of all types and brands. She says that she has always been good in sales and it is due to this reason that she started this business. With effort and struggle, she is improving every day, helping her family, and giving them what they need.
Today, she is asking for a loan in order to invest it in autumn clothing, since the change in season is coming up and she wants to have a good variety to give her customers. She is very grateful for this opportunity that she has received.
Marta, la presidenta, vende ropas de todas clases y marcas, ella misma dice que siempre tuvo buena habilidad para las ventas, y que por eso opto por este negocio. Con esfuerzo y lucha esta mejorando cada día, ya que de esa forma también ayuda a su familia y les da lo que necesitan.
Hoy pide un crédito para poder invertirlo en prendas de otoño, ya que se acerca el cambio de estación y quiere poder tener una buena variedad que dar a sus clientes. Esta muy agradecida por la oportunidad que ha recibido
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