Perpetuo Socorro Group
These women are very active and hardworking and most of them make handicrafts, a common actrivity among the people of that area. They are looking for a little support in order to increase their families' income and improve their quality of life through credit. They need this credit program to invest in their respective jobs and thus be able to have sustainable growth that will make them grow as a group and individually.
Like Viviana O., who embroiders fabric and makes woven clothes, all by hand. Her work is very, very delicate and much admired by the customers who acquire and happily pay for her handicrafts.
Estas Señoras son activas muy trabajadoras y la mayoría se dedica a la artesanía actividad común entre lo lugareños.
Ellas buscando un poco mas de apoyo para fomentar a través del crédito sus ingresos familiares y mejorar su calidad de vida.
Necesitan de esta operación crediticia para invertir en sus respectivos trabajos y así poder lograr un crecimiento sostenible que les haga crecer como grupo y en forma individual.
Así como la señora Viviana O. quien se dedica al bordado de telas y fabrica ropas de hilo, todo en forma manual, sus trabajos son muy son muy delicados y muy admirados por los clientes quienes adquieren y pagan con mucho gusto las artesanías.
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