San Miguel Group
Liz is the group president. She is a very devoted person who helps her group, provides them the encouragement to move forward, and gives them incentives. Liz is a beautician and says that she has built up a very good clientele. She always provides good service to her clients, which explains why she is doing very well.
Liz is requesting a loan so that she can invest in the purchase of dyes, scissors, combs, and other supplies that are used in her salon. She is grateful for the opportunity she has received since it will help her continue providing good service to her clients.
Liz es la presidenta de este grupo, ella es una persona muy dedicada que ayuda también a su grupo, dándoles el ánimo a seguir luchando e incentivándolas. Ella es peluquera, y comenta que se ha hecho de muy buena clientela ya que siempre da un buen servicio a sus clientes, y es por ello que le va muy bien.
Pide este préstamo para poder invertirlo en la compra de tintes, tijeras, peines, y demás insumos para poder usarlos en su salón. Ella agradece por esta oportunidad que está recibiendo, lo cual le ayudará a seguir dando un buen servicio a sus clientes.
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