San Miguel Group
One of the members is Sra. Tomasa. She is a person who is known for being an entrepreneur and a hard worker. Her goal has always been to work and help her family. Tomasa sells clothing of all types. Thanks to her hard work, she has been able to help her family. The loan she is requesting will be used to buy clothing to restock her business. As a result, she will have more variety to offer to her customers.
Una de las miembros es la señora Tomasa, ella es una persona que se destaca por ser muy trabajadora y emprendedora, su meta siempre ha sido trabajar y ayudar a su familia. Ella se dedica a la venta de ropas de todo tipo y gracias a eso y a su arduo trabajo ha podido ayudar a su familia.
Ella solicita el crédito para la compra de ropas, con lo que podrá abastecer su negocio, y de esa forma tener mayor variedad que poder dar 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