San Pedro Pablo Group
Liz is part of this group. She works as a manicurist. Because of the high quality of her work, she has already made a name for herself in her neighborhood and has an established clientele. She has always wanted to have her own beauty salon, and it is for this goal that she works every day.
To continue with her business, Liz is requesting this loan to buy nail polish, nail files, nail clippers, cotton, nail polish remover and other products she uses in her business. She is grateful for this opportunity to continue with her business.
Liz es parte de este grupo, ella se dedica a hacer manicura, gracias al buen trabajo que hace, ya se hizo conocida en el barrio, y se formó una muy buena clientela. Su deseo siempre fue el de poder tener su propio salón de belleza, y es por esa meta que está luchando día a día.
Liz en pos a seguir con su trabajo pide este préstamo, ya que quiere comprar esmaltes, limas, alicates, algodón, acetonas y otros productos que necesita para poder seguir con su trabajo. Agradece por esta oportunidad que tiene y que le permitirá seguir trabajando.
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