Lilian has a shoe shop and she comments that she does very well because she always has a very good variety of types of shoes to sell. She defines herself as a very hardworking, enterprising woman who strives to give her family the best always.
She asks for the loan to buy all types of shoes to stock the business thus continuing to work and helping her family.
Lilian tiene una zapatería y nos comenta que le va muy bien, ya que siempre tiene muy bien variada los tipos de zapatos que vende. Ella se define como una mujer muy trabajadora y emprendedora, que se esfuerza por dar a su familia lo mejor siempre.
Ella solicita el crédito para la compra de zapatos de todo tipo, con lo cual podrá surtir su negocio y de esa forma seguir trabajando y ayudando a su familia.
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