Caacupe Poty 1 Group
One of the members is Sra. Virginia who is a seamstress. Because of this difficult job she has been able to help her family get ahead and cover household costs. She calls herself a simple, honest, and hardworking woman who wishes to continue growing her business so she can help her family. Virginia is seeking a loan to buy fabric, buttons, zippers, and other supplies so she can fulfill her customers’ orders.
Una de las miembros es la señora Virginia, quien nos comenta que se dedica a la costura. Ella por medio de su arduo trabajo ha podido salir adelante y ayudar a su familia, cubriendo los gastos que surgen. Ella se define como una persona humilde, honesta y muy luchadora, desea poder seguir creciendo para poder seguir ayudando a su familia.
Virginia solicita el crédito para la compra de telas, hilos, botones, cierres y demás insumos necesarios para poder cumplir con la demanda de 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