Mujeres Unidas Group
Mrs. Gloria is a hairdresser. She is 39 and married to Gustavo who is a Customs assistant. They have three daughters, a 16-year-old who is in the second year of middle school, another, 14, who is in the 8th grade and the youngest, a 12-year-old who is in 6th grade. She says her daughters are what motivate her to work hard since she wants to give them all she can and not deprive them of anything.
She is requesting a loan through the foundation and Kiva to buy hair color, gel, shampoo, make-up and other necessary supplies for her salon. She knows that this support will help her business greatly.
La Sra Gloria es peluquera, tiene 39 años está casada con el Sr Gustavo, quien es auxiliar aduanero. Tienen tres hijas una de 16 años quien está en el 2do año de la media, la otra tiene 14 años, ella está en el 8vo grado y la ultima hija tiene 12 años ella está en el 6to grado. Dice que sus hijas son su razón de lucha, que por ellas trabajaría todo el día, ya que desea darles todo lo mejor, para que no pasen privaciones.
Ella solicita la ayuda de la fundación y de Kiva para la compra de tintes, gel, shampoo, maquillajes, y los otros insumos necesarios para su local. Sabe que esta ayuda la vendrá muy bien a su negocio.
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