Virgen Del Paso Group
The group members are artisans, a skill passed down from their parents and which is passed down from generation to generation.
They make beautiful articles of clothing like shirts and tablecloths using ao po’i (traditional embroidery technique). Other members sell food, repair shoes, and are domestic employees and housewives.
Irma Concepción needs the loan to improve her crafts making. She wants to acquire good quality supplies to make textiles, shirts and tablecloths on which to embroider better and unique designs and to be able thus to teach her children to follow the family tradition.
Las integrantes del comité se dedican a la Artesanía, que es un trabajo que heredaron D. sus padres y va pasando D. generación en generación.
Confeccionan hermosas prendas D. vestir como ser: camisas, manteles, en ao po'i, también las integrantes se dedican al comercio D. productos alimenticios, como así también compostura D. calzado, empleada doméstica y ama D. casa.
La Sra. Irma Concepción necesita del crédito para mejorar su labor en la artesanía, adquirir materiales D. buena calidad para confeccionar telas, camisas, manteles, en los cuales realizar mejores y distintos diseños D. bordados y así poder enseñar a sus hijos siguiendo la costumbre familiar.
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