Dulce Esperanza Group
Ms. Demetria is one of the committee's members. She devotes herself to sewing and decorating for events. She is a very hardworking woman, creative, active and with a great desire to get ahead. She has five children and her husband is an electrician. She is quite happy with her businesses and with the trainings the group receives. She comments that, along with her husband, she is trying to get ahead and help their family.
Ms. Demetria requests the loan for the purchase of cloth, zippers, buttons, and other supplies for stocking her workshop.
La Señora Demetria es una de las integrantes del comité, ella se dedica a la costura y decoración de eventos, es una señora muy trabajadora, creativa, activa y con muchas ganas de salir adelante. Ella tiene 5 hijos y su marido es electricista. Se encuentra muy satisfecha con sus actividades y las capacitaciones que recibe el grupo. Ella comenta que junto a su marido están tratando de salir adelante y ayudar a su familia.
La señora Demetria solicita el crédito para la compra de telas, cierres, botones y demás insumos para abastecer su taller.
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