Maria Auxiliadora Group
Higinia has been separated for several years. She has six children; all of them are adults. She says that she is a seamstress. Thanks to this work she has been able to help her family and raise her children. She says that it is going very well for her due to the fact that she does very good work. This helps her to have more customers.
She is requesting the loan to buy work supplies (fabric, needles, glue, scissors, sewing accessories, and other items). Her goal is to buy two sewing machines. That way her income would increase, and it would also help other people in the neighborhood by giving them work.
La sra. Higinia esta separada hace varios años tiene 6 hijo todos mayores de edad. Ella comenta que se dedica a la costura, trabajo gracias al cual ha podido ayudar a su familia y tambien a criar a sus hijos. Ella comenta que le va muy bien, debido a que hace muy buenos trabajos y eso la ayuda a tener mayor clientela.
Ella solicita el credito para la compra de elementos de su trabajo (telas, hilos, goma, tijera, acesorio de costura y demás). Tiene como meta comprar dos maquinas de coser y de esa forma aumentar sus ingresos y tambien ayudar a las personas de su barrio dando trabajo.
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