Loma Guazu Group
The ladies say that they got together and formed their committee with one goal: to be able to offer their families a better life and to be able to offer them at least a minimal level of education.
Juana makes handicrafts. She tells us that her mother taught her to make handicrafts from a young age. She is very proud of her work and, through her work, she has been able to support her family. Juana is requesting this loan to buy the materials that she will use to make her handicrafts such as fabric, threads, dyes, etc.
Juana is placing a lot of hope in her loan as she knows that it will be very useful to her.
Ellas manifiestan que se formaron y organizaron con un único fin, que es el de dar u ofrecer a sus familias una mejor vida, y también que puedan acceder a un nivel por lo menos del mínimo de educación.
La Sra. Juana se dedica a la elaboración de artesanías, cuenta que desde pequeña su madre le había enseñado como hacer sus piezas. Está muy orgullosa de su trabajo y que por medio de su trabajo ha podido mantener a su familia.
Ella solicita el credito para la compra de los materiales que va a utilizar para la elaboración de sus artesanías, como ser telas, hilos, tintes y demás. Ella esta muy esperanzada en el credito ya que sabe que le sera de gran ayuda.
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