Mujeres Emprendedoras Group
The bank is known in the neighborhood by its members who actively work with mutual respect and cooperation.
Maria has been a dressmaker for several years, and she is therefore well known in the neighborhood. There is a lot of demand in her business because her work is very good. She says that all of her efforts are done with the vision of giving her family a better lifestyle without deprivations.
She is requesting the loan to buy fabric, thread, and needle kits to use in her seamstress shop.
El comité es conocido en el barrio pues sus miembros trabajan activamente, siempre en un marco de respeto y cooperación.
La Sra Maria es modista desde hace ya varios años, por eso es muy conocida en el barrio. Tiene mucha demanda ya que sus trabajos son muy buenos. Cometa que todo el esfuerzo que hace es con miras a brindarle a su familia un mejor estilo de vida sin carencias.
Ella solicita el crédito para la compra de telas, hilos y kits de agujas para la utilización dentro de su taller de costura.
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