Mujeres Unidas Group
Marlene is a very hardworking, tenacious woman who through clothing sales has been able to get ahead and become a very good micro businesswoman. She comments that she always has good sales because she always has a good selection of articles of clothing available. She wants to have a locale where she can sell her products and continue to help her family with the income she earns.
She requested the loan to buy pants, jeans, shirts, shorts and other types of clothes. She thanks the Fundación and Kiva for the opportunity they give her.
Marlene es una mujer muy trabajadora y luchadora, que por medio de la venta de prendas que hace ha podido superarse y convertirse en una buena microempresaria. Ella comenta que siempre tiene muy buena venta debido a que siempre tiene muy buena variedad de prendas. Quiere tener un local donde pueda ofrecer sus productos y de esa forma poder seguir ayudando a su familia con los ingresos que gana.
Ella solicita el crédito para la compra de pantalones, jeans, camisas, shorts y demás tipos de prendas. Agradece a la fundación y a kiva por la oportunidad que estas le dan.
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