Maria Auxiliadora Group
Mirtha, group President, is married and has three children. She’s a very enterprising, innovating woman. She’s been a seamstress for a long time. Through the sewing jobs she does she’s been able to help her family get ahead. One of her goals is to continue growing and continue improving her living conditions.
She is asking for the loan to buy fabric, buttons, zippers and other supplies to stock up on and be able to meet customer demand. She thanks the Fundación and Kiva for the opportunity they give her.
La Sra. Mirtha , presidenta del grupo está casada, tiene 3 hijos, es una mujer muy emprendedora e innovadora, ella se dedica a la costura desde hace mucho tiempo. Por medio de los trabajos de costura que ella hace, ha podido ayudar a su familia a salir adelante. Una de sus metas es poder seguir creciendo y de esa forma seguir mejorando sus condiciones de vida.
Ella pide el crédito para la compra de telas, botones, cierres y demás insumos para poder surtirse y de esa forma poder cumplir con la demanda de sus clientes. Agradece a la fundación y a Kiva 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