Every week they contribute a small amount to petty cash and they are an excellent committee. They have helped with the formation of other committees in the area where they reside thereby adding their little grain of sand to their community.
Debora is a humble woman who works making Ao Poi (traditional Paraguayan embroidery) items, something she learned while still a little girl. Every day she strives to the maximum to do a good job because this is her family’s source of support. She wants the loan to buy supplies to make the clothing items she sells.
Todas las semanas pagan una pequeña cuota para su caja chica y son un excelente comité, han ayudado a la conformación de otros comités en la zona donde residen, apotando asi un granito de arena a su comunidad.
La Sra. Debora, una mujer humilde, trabaja en la confeccion de prendas de ao poi, el cual es un arte paraguayo y el cual ella aprendio desde pequeña. Ella, todos los dias, se esfuerza al maximo para poder realizar un buen trabajo ya que es el sustento de su familia. Desea el credito para la compra de insumos para poder realizar las prendas que vende.
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