Las Tejedoras Group
The group's director, Norma, lives with her husband and children and sells varied articles such as clothing, accessories and other items. Sadly, she recently lost a newborn baby, but despite this continues to be active with the group, working with other women in her area. The women realize that by working together they can achieve greater productivity to meet their orders. Norma seeks this credit to buy clothing such as shirts and pants, and to offer a greater variety of items to her clients.
La presidenta, la Sra. Norma, vive con su marido e hijos, ella se dedica al comercio de todo tipo de cosas, como ser, ropa, artículos de mercería y otros. Comenta que hace poco paso por una de las peores experiencias, pues falleció su bebe recién nacido, pero ella de igual manera sigue siendo muy activa en el grupo e incluso ayuda a otros grupos de la zona. Ella junto con sus compañeras realiza constantes actividades y de ese modo fomentar la integración entre las compañeras y tratar de adelantar sus cuotas.
Ella solicita el crédito para la compra de prendas, como ser remeras, pantalones y demás para tener más variedad de prendas para ofrecer a sus clientes.
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