San Cayetano Group
Felipa is a member of the group and is 62 years old. She travels all around selling a wide variety of products, including blankets, sheets, hammocks, clothing, shoes, and anything her customers request. On weekends she travels to the areas of Luque and Mariano Roque Alonso to sell her goods and hopefully generate income to provide for her family.
With the support from this loan, Felipa plans to purchase clothing and other merchandise to stock her business. She hopes this investment will help her respond to client orders, and she is grateful for this incredible opportunity.
Una de las historias dignas de destacar es el de la señora Felipa de 62 años, que se dedica al macate (venta ambulante) de todo tipo de productos, ella todos los fines de semana viaja a la zona de Luque, Mariano Roque Alonso y otros a ofrecer sus productos que consisten en frazadas,colchas y hamacas, y también ropas , zapatos y todo lo que su clientela le pida, sin importar las condiciones del tiempo ella realiza este trabajo ya que es el sustento de su familia.
Ella solicita de este crédito para poder invertirlo en la compra de prendas de todo tipo, ya que quiere cumplir con algunos de los pedidos de sus clientes. Ella agradece por la oportunidad que esta recibiendo que le es de mucha ayuda.
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