Mujeres Victoriosas Group
Miguelina is an artisan. She has done this work since she was a small child, when her mother transmitted her own knowledge concerning this profession. Due to her dedicated work, she has been able to get ahead and offer a decorous and dignified life to her family. Miguelina comments that all her sacrifice amounts to little compared with gaining what she wishes. She dreams of one day being able to have a shop where she can display her artisan crafts.
Miguelina request a loan to buy cloth, thread, stretchers, needles and other items for elaborating her artisan crafts.
La Sra. Miguelina es artesana, ella se dedica a esto desde pequeña ya que su madre le había trasmitido los conocimientos sobre esta profesión. Por medio de su dedicado trabajo ella ha podido salir adelante y brindarle una vida decorosa y digna a su familia. Comenta que todo sacrificio es poco para lograr lo que uno quiere. Sueña con algún día poder tener un local donde exponer sus artesanías.
Ella solicita el crédito para la compra de telas, hilos, bastidores, agujas y demás para la elaboración de artesanías.
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