Rosa Mistica Group
Leonida is the group's treasurer, and she works selling cosmetics. She is a very hard-working person who always inspires her fellow members to keep working and fighting for their goals and dreams.
Leonida is requesting this loan to buy perfumes, powders, deodorants and makeup, which will help her carry out her business plan. This will help her increase her income.
Leonida es la tesorera del grupo y se dedica a la venta de cosméticos. Es una persona muy trabajadora que siempre inspira a sus compañeras a seguir luchando y trabajando por sus metas y sueños.
La Sra. Leonida solicita de este crédito para la compra de perfumes, talcos, desodorantes y maquillajes, 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