Mujeres Unidas Group
One of them is Mariela, who is able to help her family by selling clothes. She remarks that this job has helped her get ahead and cover the household expenses. She says that thanks to the good quality of the products she sells, she has established a clientele that always goes to her for the clothes she sells.
She is asking for the loan to buy shorts, tank tops, t-shorts and other summer clothing. Warm weather is coming and she wants to be ready to offer these clothes to her customers.
Una de ellas es la señora Mariela, quien por medio de la venta de ropas puede ayudar a su familia. Ella cuenta que este trabajo la ha ayudado a salir adelante y cubrir los gastos de la casa. Comenta que gracias a la buena calidad de los productos que vende, ha logrado formarse una clientela que siempre dejan de ella las prendas que vende.
Ella solicita el crédito para poder comprar shorts, camisillas, remeras, y otras prendas de verano, pues se acerca la época de calor y quiere estar preparada para ofrecerle 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