Mujeres Activas Group
Lucila has worked as an artisan since she was a child when her mother taught her. Thanks to her art she can earn income that she needs to cover household expenses. She dreams that she will become known throughout the world with her Paraguayan art. She tells us that her efforts are because she wants to offer her family a better future.
She is requesting a loan to buy fabric, paints, thread, needles and all that she needs to create her handicrafts.
La Sra. Lucila es artesana, se dedica a esto desde que era niña, ya que su madre se lo había enseñado. Gracias a su arte ella puede ganar los ingresos que necesita para satisfacer las necesidades del Hogar. Ella sueña con que el arte de Paraguay sea conocido por todo el mundo. Ella comenta que todo su esfuerzo es por brindarle a su familia un mejor futuro.
Ella solicita el crédito para la compra de telas, pinturas, hilos, agujas, y todo lo demás que necesita para la elaboración de sus 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