Santa Marta Group
One of the members is Grisel who, through selling a variety of clothing, has managed to help her family and improve the standard of living of its members. She defines herself as a woman who is hard working, willing to sacrifice and very entrepreneurial, who never tires of struggling for her own since she doesn’t want them to be in need of anything.
She requests this loan to purchase summer clothing, as the hot season is approaching and it is the time when she has the most demand for her products.
Una de las miembros es la señora Grisel, quien por medio de la venta de prendas de todo tipo ha logrado ayudar a su familia y mejorar las condiciones de vida de sus miembros. Ella se define como una mujer muy trabajadora, sacrificada y muy emprendedora, quien no se cansa de luchar por los suyos, pues no quiere que ellos pasen por privaciones.
Ella solicita el crédito para la compra de prendas de verano, pues se acerca el tiempo del calor y es en esta época donde tiene más pedidos.
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