San Juan 2 Group
One of the members is Clara, who makes decorations for birthday parties, such as centerpieces, party favor, and all types of decorative items. It should be noted that Clara is a woman who has a strong desire to grow her business and help her family through her work.
Clara is requesting this loan to buy fabric, decorations, and other supplies that will help her to carry out her business plan, so that she can increase her income.
Una de las integrantes es la Sra. Clara quien hace decoraciones de fiestas de cumpleaños, como ser centros de mesas, regaleras, y todo tipo de artículos para decorar, se debe destacar que ella es una mujer con muchas ansias de crecer, y ayudar a su familia por medio de su trabajo.
La Sra. Solicita de este crédito para la compra de telas, adornos, entre otros; lo que le ayudará a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.
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