Mujeres Unidas Group
Gloria is a very hard-working woman, and has a small hair salon, where she works every day. She says that she always has a lot of customers, which helps her greatly, because thanks to this she has the means necessary to be able to support her family.
She is applying for the Foundation's help to buy supplies for her hair salon, such as shampoo, rinses, cream rinses, dyes, and other supplies. She is thankful for this opportunity for progress that she is receiving from Fundacion Paraguaya and Kiva.
Gloria es una mujer muy trabajadora, ella tiene una pequeña peluquería en la cual trabaja todos los días, comenta que siempre tiene muchos clientes, lo cual le ayuda de sobremanera, ya que gracias a esto tiene los medios necesarios para poder mantener a su familia. Su objetivo es ir creciendo y de esa forma poder seguir ayudando en la casa.
Ella solicita la ayuda de la fundación para comprar insumos para su peluquería, como ser shampoo, enjuagues, baños de crema, tintes y demás insumos. Agradece por esta oportunidad de progreso que esta recibiendo por parte de fundación paraguaya y kiva.
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