Mujeres Victoriosas Group
These women are very interested in continuing their participation in this program. That way they will be improving their business activities.
Edita is one of the members. She devotes herself to handicrafts. She embroiders sheets and knits quilts, comforters, and other items that she later sells. She says the things she makes are very popular because her work is very beautiful.
Her wish is for her handicrafts to be recognized so that she is able to expand. She is known to be a very hard-working and tenacious person who puts forth great effort to give her family the best.
She is requesting help from the Fundación Paraguaya and from Kiva to buy thread, needles, dye, and the other supplies that she will use to make her handicrafts. She is grateful for the opportunity that they are giving her.
Una de las integrantes es la señora Edita, quien se dedica a las artesanías, ella teje sabanas, edredones, colchas y otros tipos de artículos, los cuales luego vende. Comenta que sus piezas son muy solicitadas, puesto que tiene trabajos muy bellos. Su deseo es que sus artesanías sean reconocidas y de esa forma poder expandirse. Ella se define como una persona muy trabajadora y luchadora que se esfuerza por darle lo mejor a su familia.
Ella solicita la ayuda de fundación paraguaya y de Kiva para la compra de hilos, agujas, tintes y demás insumos que utilizará para elaborar sus artesanías. Agradece por la oportunidad que estas le dan.
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