Mujeres Unidas Group
Romina, the treasurer of the group, says she works to help her family. She makes a living selling cosmetics. She has all types of cosmetics and she acquired good customers thanks to the good quality of her products. She wants to continue growing, so she makes the effort to be able to do so.
She's requesting this loan to buy cosmetics and continue giving her customers a good variety.
Romina, la tesorera del grupo, cuenta que trabaja para ayudar a su familia, se dedica a la venta de cosméticos, y con este trabajo se gana la vida. Tiene todo tipo de cosméticos, y ya se hizo de buena clientela gracias a la buena calidad de sus productos. Desea seguir creciendo y por eso es que se esfuerza para poder hacerlo.
Solicita de este crédito para la compra de cosméticos, y asi seguir dando buena variedad para sus clientas.
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