Via Ferrea Group
Feliciana F. is president of the communal bank. She is a seamstress and a very self-sacrificing woman. She lives with her husband, who works in construction. She has three children, and they go to school. This year she is finishing her sixth cycle.
She makes thick winter pants, sweatshirts, shirts, and all types of clothes by order. She delivers them herself.
Feliciana is very happy with the important support from the Fundación Paraguaya and Kiva. The support is important in order for her to keep growing commercially and personally.
She is requesting the loan to buy different types of fabrics and other accessories that she uses to make clothes.
La Presidenta del comité es la Sra. Feliciana F. ella es Costurera, es una mujer muy sacrificada vive con su marido que se dedica a la construcción y tiene 3 hijos estudiantes ella este año termina su sexto curso.
Ella hace buzos, romeras, camisas y todos los tipos de prendas de vestir por pedido y ella mismo los entrega.
La Sra. Feliciana está muy feliz con el importante apoyo que le da la Fundación Paraguaya y Kiva para seguir creciendo comercialmente y personalmente.
Ella solicita el préstamo para la compra de distintos tipos de telas y otros accesorios que ella utiliza para la confección.
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