San Damian Group
Marta is the group's chair and comments that she always tries to help the group and motivate it to work harder day by day in order to overcome. She earns a living selling all types of clothing such as jackets, jeans, T-shirts and sports tops, shirts and other items. It is thanks to her effort and determination that she has been able to get ahead and help her family as much as she can.
She is seeking the loan for the purchase of winter clothing since cold weather is coming and she wishes to have a good variety to offer her customers.
Marta es la presidenta del grupo, y comenta que siempre ella trata de ayudar a su grupo e incentivarle para que día a día se esfuercen más y más para poder sobresalir. Ella se dedica a la venta de ropas de todo tipo como ser camperas, jeans, remeras, camisas y demás. Es gracias a su esfuerzo y su lucha que ha podido salir adelante y ayudar a su familia en todo lo que puede.
Ella solicita el crédito para la compra de prendas de invierno, ya que se acerca el frío y quiere tener buena variedad para ofrecer 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