La Amistad 2 Group
Liz, one of the members, sells underwear. Through her work she helps her friends, helping them through her income she earns.
She seeks a loan to buy underwear for women, men, and children. This will help her solidify her business plan, which will help her increase her income.
In the group photo are 15 women, as the group is made up of 15 women but only 13 are receiving a loan in this particular opportunity.
La Sra. Liz, una de las integrantes, quien se dedica a la venta de prendas de ropa interior. Por medio de su trabajo ayuda a sus familiares, ayudándoles por medio de los ingresos que gana.
Ella solicita de este crédito para la compra de ropas interiores, para damas, caballeros y niños, lo que le ayudará a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.
En la foto del grupo estan 15 mujeres, ya que el grupo esta integrado por 15 mujeres pero solo 13 estan quitando un crédito en esta oportunidad.
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