Fe Y Esperanza Group
Señora Isabel is the president of the group. She is a beautician and manicurist. She is the mother of two daughters who are already independent. She lives with her husband in their own house. She attends the meetings of her group and works in solidarity with her fellow group members and constantly motivates them so that everyone works with effort and enthusiasm.
Señora Isabel's loan is for the purchase of beauty supplies such as dyes, shampoo, rinses, creams, and other items to increase her variety, which will help her to work out her business plan and increase her income and her customer base.
La Sra. Isabel es la presidenta del grupo, ella es peluquera y manicurista, es madre de 2 chicas, ya independientes, vive con su marido en casa propia, asiste a las reuniones de su comité, trabaja solidariamente con sus compañeras y las motiva constantemente para que todas trabajen con esfuerzo y entusiasmo.
La Sra. Solicita este crédito para la compra de insumos de peluquería como ser tintes, shampoo, enjuagues, cremas y demás para aumentar su variedad, lo que le ayudará a concretar su plan de negocio, y aumentar su ingreso y 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