Mujeres Unidas Group
Elizabeth is one of the members. She comments that she has a small, well-equipped beauty salon, where she tends to all her customers. She comments that she began with a modest beauty salon, and that thanks to her efforts she now has a good customer base, and has been able to grow her business a little. It is the means with which she is able to support her family, and she wants to be able to continue with it. She is requesting the loan for the purchase of shampoo, rinses, dyes, nail enamel, and other products with which she can continue her business.
Elizabeth es una de las integrantes, ella comenta que tiene una pequeña peluquería bien equipada, donde atiende a todos los clientes que tiene. Comenta que empezó con una modesta peluquería y que gracias a su esfuerzo ya tiene muy buena clientela y ha podido mejorar un poco su negocio. Este es el medio con que puede mantener a su familia y desea poder seguir con el.
Ella solicita el crédito para la compra de shampoo, enjuagues, tintes, esmaltes y demás productos con los cuales puede seguir con 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