Kuña Pyapy Mbarete Group
Mrs. Epifania lives with her husband and children. She is an artisan who by means of her work, is able to help sustain her family. Epifania says that she is very proud of what she is able to do through her efforts, not only generating income to help with household expenses but also, promoting Paraguayan artisan crafts. Her dream is to have a gallery where she can exhibit her artisan work.
Epifania is requesting a loan to buy cloth, thread, coloring and other supplies for the elaboration of her artisan crafts. She has her heart set on the loan, since she knows it will be of great help to her.
La Sra. Epifania vive con su marido e hijos, ella se dedica a la artesanía, así logra ayudar para el sustento de su familia. Ella comenta que esta muy orgullosa de lo que hace por que mediante su trabajo no solo genera ingresos para ayudar en la casa sino también promueve la artesanías paraguayas. Su sueño es tener una galería donde exhibir sus artesanías.
Ella solicita el crédito para la compra de telas, hilos, colorantes y demás insumos para la elaboración de sus artesanías. Está con las esperanzas puestas en el crédito ya que sabe que le será 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