Kuña Guapa Group
Luz is a artisan who has been doing this for a long time, ever since she learned how to make crafts when she was little. This has been her livelihood for her entire life. She says her sales are good, especially among tourists, since they really admire Paraguayan craftsmanship. One of her dreams is that her crafts be seen abroad, which would be an important step.
She asks for a loan in order to buy the necessary supplies to make her crafts, such as fabric for traditional needlework, thread, frames, and so on. She has high hopes for this loan since it will be a big help to her.
La señora Luz es artesana, ella se dedica a esto desde hace mucho tiempo, ya que desde pequeña ha aprendido como hacerlas. Este ha sido su sustento durante toda su vida. Comenta que tiene una buena venta, en especial con los turistas, ya que ellos admiran mucho la artesanía Paraguaya. Uno de sus sueños es que sus artesanías se vean en el exterior, lo cual sería un paso muy importante.
Ella solicita el crédito para la compra de los insumos necesarios para la realización de sus artesanías, como ser telas de ao po'i, hilos, bastidores y demás. Ella tiene muchas esperanzas en el crédito, ya que le será de mucha 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