12 De Junio Group
Elizabeth works by selling cleaning products provided by Fundación Paraguaya through a microfranchise. She has a good clientele and always receives many orders. Elizabeth is a hardworking individual who strives on behalf of her family so that she can provide everything they need.
She is requesting a loan so that she can buy a cleaning products microfranchise. This will allow her to continue her sales and provide her customers with what they request.
Elizabeth trabaja en la venta de productos de limpieza que les provee la fundación paraguaya por medio de microfranquicias. Ella tiene muy buena clientela que siempre le hace muchos pedidos. Es una persona muy trabajadora que lucha por su familia y por darle todo lo que necesitan.
Solicita este crédito para la compra de microfranquicia de limpieza, con lo cual podrá seguir con sus ventas y darle a sus clientes lo que piden.
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