Kuña Arandu Group
Carolina is a dressmaker. Thanks to this occupation she’s been able to obtain income necessary to support her household. She comments that she has a lot of work since many people come to her and place many orders. One of her dreams is to enlarge her workshop and to have more sewing machines to meet customers demand.
She’s asking for the loan to buy fabric, needles, thread and others which are the essential materials needed for her work. She thanks Fundación Paraguaya for the opportunity it gives her.
La Señora Carolina se dedica a la confección D. ropas, gracias a este trabajo ella ha logrado obtener los ingresos necesarios para la manutención D. la casa. Comenta que está llena D. trabajo, ya que muchas personas se acercan a ella a llevarle muchos encargos. Uno D. sus sueños es poder agrandar su taller y tener más máquinas D. costura con lo que podrá atender más trabajos D. los clientes.
Ella solicita el crédito para la compra D. telas, agujas hilos y demás, los cuales son materiales esenciales para su trabajo. Agradece a la Fundación por la oportunidad que esta le da.
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