Maria Auxiliadora 2 Group
Maria is one of the group's members. She comments that she is always very busy, as she always has a lot of work. She is a dressmaker, and says that she has been working for some time which is why she has a solid customer base. Her work helps her to keep up her home and her family, and for this reason she is very proud of what she does.
Her biggest dream is to continue growing in this way, so as to be able to continue supporting her family.
She is requesting the loan to be able to stock up with fabric, zippers, buttons, thread and other items that are indispensable materials for her work. She is grateful for the opportunity for progress that is being given to her.
Maria es una de las miembros del grupo, comenta que siempre se encuentra muy atareada, pues siempre tiene mucho trabajo. Ella es modista y dice que se dedica hace un buen tiempo a ello, por lo que ya tiene una clientela bien formada. Este trabajo la ayuda a mantener su casa y su familia, es por ello que está muy orgullosa de lo que hace. Su mayo sueño es seguir creciendo y de esa forma poder seguir ayudando a su familia.
Solicita el crédito para poder abastecerse con telas, cierres, botones, hilos y otros, los cuales son materiales indispensables para su trabajo. Agradecida está por esta oportunidad de progreso que se les 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