Mujeres Pedrozeñas Group
One of them, Cynthia, makes her living selling jewelry and various clothes. She is a very honest and hard-working person, who fights to grow and give her family what they need. She said that at first, it was very difficult to start her business, but thanks to her efforts, she was able to go on improving her life.
She is asking for this loan to invest it in the purchase of clothing and jewelry. In this way, she can continue with her sales and have the income to help her family.
Una de ellas es la Sra. Cynthia, quien se dedica a la venta de joyas y ropas variadas, es una persona muy honesta y trabajadora, que lucha por crecer y dar a su familia lo que necesitan. Ella cuenta que al principio le fue muy difícil empezar su negocio, pero que gracias a que se esforzó pudo ir mejorando su vida.
Solicita de este crédito para poder invertirlo en la compra de prendas y joyas para que de esa forma pueda seguir con sus ventas y teniendo los ingresos para ayudar a su familia.
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