Mujeres Virtuosas Group
Damiana is a seamstress. She makes articles of clothing for men and women and she is very well known in the region for the excellent quality of clothing she makes.
She has had this business since she was an adolescent. It was a trade that she quickly learned from her mother and today it has converted into the primary source of income for her family.
She requests a loan to purchase fabrics of different qualities and colors in order to be able to produce more and to have a larger selection for her clients.
Todas ellas realizan actividades para recaudar fondos, se ayudan mutuamente para llegar a los objetivos en común que todas tienen dentro del grupo y con la Fundación Paraguaya.
La sra. Damiana se dedica a la costura, ella realiza prendas para hombres y mujeres, es muy reconocida en la zona por la excelente calidad de sus ropas.
Tiene este rubro desde que era una adolescente, pues fue un oficio aprendido de manera rápida a través de su madre y hoy día se ha convertido en el principal medio de ingreso económico de su familia.
Ella solicita el crédito para poder comprar telas de distintas calidades y colores a modo de poder confeccionar más y tener mayor variedad para sus clientes.
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