Unidas De Saguazu Group
Dominga is a hardworking and determined woman. She works a great deal every day. Dominga is a seamstress and has been supporting her family in this manner for several years. She says that she always has orders and work to complete. Sometimes she does not have enough hours in a day to do everything. In order to complete her orders, she is requesting a loan to buy fabrics, thread, needles, and other supplies that are useful. Dominga is grateful to Fundación Paraguaya and Kiva for the opportunity she has received.
Dominga es una mujer muy trabajadora y luchadora, ella todos los días trabaja mucho. Se dedica a la costura, el cual ha sido el medio para mantener a su familia desde hace varios años. Ella comenta que siempre tiene muchos pedidos y trabajos por hacer por lo que a veces pareciera que el tiempo no le alcanza. Para poder cumplir con esos pedidos es que ella solicita el crédito, para la compra de telas, hilos, agujas y demás insumos , los cuales les está de mucha utilidad. Agradece a la fundación y a kiva por esta oportunidad que está recibiendo.
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