Mision De Amor Group
Yudith is one of the members of this group. She has a bookstore close to the neighborhood school, and she says that she has very good sales because all of the students of that school are her clients. She wants to continue investing in her business, and as time goes on, by means of the workshops, she wants to improve her life and that of her family.
She has applied for this loan to add the sale of electronic prepaid cell phone minutes to her business, which will become a new venture. In this way, she hopes to continue growing with her business and give her family all that they need to have a life free of deprivation.
Yudith es una de las integrantes, ella tiene una librería cerca de la escuelita del barrio y cuenta que tiene muy buena venta, ya que todos los alumnos de esa escuela son sus clientes. Ella quiere seguir invirtiendo en su negocio y que conforme pase el tiempo, y por medio de las capacitaciones vaya mejorando su vida y la de su familia.
Solicita su crédito para anexar a su negocio la carga electrónica de celulares que se convertirá en un nuevo emprendimiento. Y de esa forma poder seguir creciendo con su negocio y dar así a su familia lo que necesitan para tener una vida sin privaciones.
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