San Isidro Group
Fatima is one of the members - she is very enthusiastic and has a strong desire to grow and move forward. She has a small hairdressing salon where she works every day serving a variety of customers. She defines herself as being very good at what she does and it is for this reason that she wants to continue investing in her business. So, she is applying for this loan to buy supplies for her salon, such as dyes, shampoo, conditioner, creams, scissors, combs and other items. With all this Fatima will be able to continue providing good service and keeping her customers happy.
Fatima es una de estas mujeres, es una persona muy entusiasta y con muchas ganas de crecer y salir adelante. Tiene una pequeña peluquería en la que trabaja todos los días atendiendo a una diversidad de clientela. Se define como una persona muy buena en lo que hace y es por eso que quiere seguir invirtiendo en su negocio. Por eso solicita de este crédito para poder comprar insumos para su salón, como ser tintes, shampoo, enjuagues, cremas, tijeras, peines y demás, ya que con esto podrá seguir dando una buena atención y manteniendo a su clientela muy a gusto.
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