La Amistad Group
The committee's name is “La Amistad” (the friendship), the name came about because they are all friends and neighbors and through entrepreneurship they will strengthen the bond between them. La Amistad is composed by 17 lady entrepreneurs who do their best to increase their income and provide the best they can to their families. All the members are hardworking and have invested the loans in their respective businesses.
One of the members is Mrs. Viviana who does dressmaking and tailoring, she is a hardworking woman and uses large part of her time making clothing to fulfill client orders. She is thankful for the help she finds in Fundacion Paraguaya and requests a loan to buy fabric to finish the current orders.
El comité lleva por nombre La Amistad debido a que todas son amigas, vecinas y por medio de este emprendimiento fortalecerían el lazo entre ellas, actualmente se encuentran en el cuarto ciclo con calificación excelente, integrada por 17 emprendedoras señoras, quienes ponen lo mejor de si para aumentar sus ingresos y por ende brindarle lo mejor a sus respectivas familias.
Todas las integrantes son luchadoras, quienes han invertido sus préstamos en sus respectivas actividades.
Una de ellas es la señora Viviana quien se dedica a la cofeccion de ropas para damas y cabelleros, ella es una mujer trabajadora y dedica gran parte de su tiempo al dia a la cofeccion de ropas que ella recibe con los pedidos de sus clientes.
Agradece por la ayuda que encuenta en la Fundacion, y solicita el prestamo para la compra de telas para los pedidos con que cuenta actualmente.
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